Zile welcomes first steps towards joint EU crisis support mechanism

  • 2020-05-03
  • LETA/TBT Staff
RIGA - It is positive that the initial difficulties between the European Council and the European Commission have been overcome, but only the first steps have just been taken to establish a common EU crisis support mechanism, said European Parliament Member Roberts Zile (National Alliance). According to Zile, the most important instruments so far have been implemented by the European Central Bank - EUR 750 billion made available in the government and corporate debt buy-back program. This was followed by a European Council assistance package of EUR 540 billion in three dif...
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