European Stability Mechanism Managing Director Klaus Regling attends the eurozone finance ministers meeting in Brussels, Belgium November 07, 2019.
In an interview with Italy’s Corriere della Sera paper, published on Sunday, European Stability Mechanism Managing Director Klaus Regling said the easiest way to organise such funds would be via the European Commission and the EU budget. “For that, we need to discuss new instruments with an open mind, but also use the existing institutions, because it is easier, including in particular the Commission and the EU budget. Rethinking European funds can go a long way in keeping the European Union together,” Regling said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe needs at least 500 billion euros from EU institutions for recovery: ESMEurope will need at least another 500 billion euros from European Union institutions to finance its economic recovery after the coronavirus pandemic, on top of the agreed half-a-trillion package, the head of the euro zone bailout fund said. They'll do it.
Source: Reuters - 🏆 2. / 97 Read more »
Volkswagen Reopens Europe Plants, Offering a Vision of the Postvirus FactoryVolkswagen will restart car plants across Europe next week, offering a pandemic-era blueprint for other global manufacturers that will alter workers’ daily lives and, at least temporarily, relegate productivity to the back seat. The risk of fatality to young healthy individual is less than 1/10 of 1%. Applying the same hammer to the entire population is a fools errand. Continue social distancing with young healthy people, but let them return to work. I dont know what anybodys since it was communicated to several agencies as multiple agencies spy on me, i probably shouldnt have told them. But people are gonna do what their gonna do and i understand the curiosity.
Source: WSJ - 🏆 98. / 63 Read more »
Exclusive: IKEA aims to start reopening stores in Europe in MayIKEA store owner Ingka Group, the world's biggest furniture retailer, aims to start reopening shops in Europe in May after closures and sliding demand due to the COVID-19 pandemic slashed group sales by 60%, its chief executive said. Back to spreading that IKEAVID aka „folgt meinem Weg und sie werden Dich umbringen“.
Source: Reuters - 🏆 2. / 97 Read more »
Tourist spending across Europe fell by 68%, with Italy seeing a massive 96% fall, UBS says - Business InsiderThe UN's World Tourism Organization has described tourism as one of the industries 'hardest-hit' by COVID-19. dont worry about sluggish, Chinese tourists will pour in to buy Italian luxury goods soon.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Europe needs at least 500 billion euros from EU institutions for recovery: ESMEurope will need at least another 500 billion euros from European Union institutions to finance its economic recovery after the coronavirus pandemic, on top of the agreed half-a-trillion package, the head of the euro zone bailout fund said. They'll do it.
Source: Reuters - 🏆 2. / 97 Read more »
Macron: There are things ‘we don’t know’ about China’s handling of coronavirusFrench President Emmanuel Macron came out in defense of western democracies' handling of the coronavirus crisis compared to China. 'Let’s not be so naive as to say [China has] been much better at handling this,” he said. Pandemics hurt. It's not if they happen. It's about controlling as best you can. China has done nothing but lie
Source: politico - 🏆 381. / 59 Read more »