|Publisher||General Secretariat of the Council|
|Content Type||Overview, Policy-making|
The Eurogroup - in its regular format - held a video conference on 8 May 2020.
The Eurogroup agreed on the so-called Pandemic Crisis Support instrument of the European Stability Mechanism (ESM) and adopted a Statement on this matter. This mechanism is part of a package of immediate economic support in the context of the COVID-19 (coronavirus) outbreak, previously agreed by the Eurogroup.
Finance ministers also exchanged views on the economic situation of the Eurozone, based on the economic forecast published by the European Commission.
|Subject Categories||Economic and Financial Affairs|
|International Organisations||European Union [EU]|