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Coronavirus: Eurogroup relaunches talks on divisive economic aid

BUSINESS DAILY
BUSINESS DAILY © FRANCE 24

Finance ministers from the 19 members of the eurozone are re-launching their contentious discussions over how to protect the economy from the effects of the coronavirus pandemic and lockdown. The debate has largely pitted Germany and the Netherlands against France, Italy, and Spain - with some warning that a failure to act could threaten the bloc's future. 

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Meanwhile, the United States has seen another surge in weekly unemployment claims, with a tenth of the country's workforce now out of a job. It's prompted still more action by the Federal Reserve, which describes its emergency lending programmes as an "essential investment" in the economy's health. 

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