EU finance ministers late Thursday agreed on an outline for a large european milliardpakke, that should help european economies, enterprises and jobs, which is pinned in coronakrisen.
the Proposal is now sent to the EU heads of government. It shall notify the ministry of Finance in a press release.
Europe has shown itself from its best side today. Finansministerkollegerne from the other EU countries and I have agreed on a strong response to the economic challenges from the coronakrisen, says finance minister, Nicolai Wammen (S) in the press release.
One of the key elements is a new guarantee fund under The European investment Bank. This fund should support financing for small – and medium-sized enterprises for about 1500 billion dollars, according to the Ministry of communication.
the Package will also give access to loans from the EU states ‘joint crisis fund, The European Stability mechanism, for a total of two percent of the countries’ gross domestic product “on certain conditions”, it appears.
In all, the actions of several trillion.
It will also be possible for member states to use total about 275 billion dollars on Covid-19 measures, just as there are allocated about 20 billion on the Eu budget in 2020 to, among other things, the transport and the purchase of medical equipment, field hospitals and additional health care professionals in connection with the coronakrisen.
– The common response to the crisis goes hand in hand with the comprehensive national action which is implemented in all EU countries. Our package now goes to the Eu government, says Nicolai Wammen.
