No action seen at Wednesday EU finance ministers' coronavirus call

European Union finance ministers are unlikely to decide on any concrete action in response to the coronavirus outbreak at their teleconference on Wednesday as the call is meant to be mainly a stock-taking exercise, three EU finance officials said.
The extraordinary call at 4 p.m. Greek time is to allow the EU's 27 finance ministers and the European Central Bank to share information and good practices and draw each other's attention to spillover effects from developments, the officials said.
"This is a take stock meeting and a first stage of coordinating a response. Essentially the responses will come from member states," one EU official said.
"We are not a super state. EU countries will respond as they see fit - we are in a health crisis. Coordinating means we share info, good practices, alert each other, take care of spillovers, frame it in EU context etc," the...