EU should start working on strategy to ensure coordinated exit from Covid-19 crisis - Karins

  • 2020-03-27
  • LETA/TBT Staff

RIGA - The EU should start working on a strategy to ensure coordinated exit from the Covid-19 crisis, said Latvian Prime Minister Krisjanis Karins (New Unity).

The prime minister's office reported that after the remote meeting of the EU leaders on Thursday, Karins is confident that the EU already now should start work on the strategy for exit from the crisis created by the Covid-19 pandemic and the plan on European economic recovery that will require considerable investments.

"Covid-19 pandemic is an unseen challenge for Europe and the whole world. The impact of the pandemic on global economy is considerable. The EU should start working on a strategy for coordinated exit from the pandemic and the economic recovery plan," said Karins.

The heads of the EU states and governments order the euro area finance ministers in two weeks to prepare proposals for a strong economic support, reducing consequences from the Covid-19 crisis.