Germany: EU coronavirus stimulus 'big day for European solidarity and strength' — Scholz

German Finance Minister Olaf Scholz welcomed the European Union's €500 billion (US$547 billion) coronavirus stimulus package as a «big day for European solidarity and strength» in a video announcement from Berlin on Thursday night. He explained that the aid package provides «three strong answers» to the pandemic crisis, including financial support to small and mid-sized businesses through the... Еще European Investment Bank, short-term work programs for the labour force, and loans to affected EU member states through the European Stability Mechanism. Scholz also stressed the importance of the whole European Union to act «in a united way.» «That's good news for citizens of the European Union who know that the European Union continues to operate,» he said.

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