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Mario Centeno, Portugal's finance minister, led the eurozone finance ministers' meeting - that lasted 16 hours without agreement (Photo: Council of the European Union)

EU stalemate after 16-hour meeting on economic aid

EU finance ministers have failed - so far - to agree on a package to mitigate the economic fallout of the coronavirus pandemic, fuelling doubts if the bloc can manage a unified strategy to overcome the crisis.

Ministers held a 16-hour-long videoconference from Tuesday into Wednesday (8 April), but they have not overcome the divisions that mirror many of their efforts to deal with the debt crisis a decade ago.

Europe's economies now face the deepest recession since the Second Wor...

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

Mario Centeno, Portugal's finance minister, led the eurozone finance ministers' meeting - that lasted 16 hours without agreement (Photo: Council of the European Union)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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