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Monday, 16 March 2020 17:05

EU TO SUPPORT ITS BUSINESSES AND WORKERS WITH €37B

The coronavirus will “very likely” push the European economy into recession this year, the European Commission said on 13.03.2020, as it urged member states to take quick and bold measures to ensure an economic rebound in 2021. The bloc plans to free up €37bn to support workers, SMEs, and crisis-hit sectors, including healthcare and tourism.

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