the european investment bank

Speaking at a briefing on May 6 after his participation in the EU-Western Balkans Summit, Bulgaria's Prime Minister Boyko Borissov said that the EU is mobilizing very quickly a package of more than 3.3 billion euros for the health systems of the Western Balkans.

Heads of State or Government of the EU and the Western Balkans will hold a video meeting to discuss the spread of Covid-19 and misinformation. The meeting is not set to set a date for the start of accession talks with Northern Macedonia and Albania, as it was originally intended, if the meeting had taken place in Zagreb.

The virtual summit, organized by the EU Presidency of Croatia and chaired by European Council President Charles Michel, will be held from 4.30 pm to 7.30 pm.

The EU Council of Ministers of Economy and Finance (Ecofin) will discuss on Thursday the European Commission's assessment of the economic impact of the coronavirus and the implementation of the measures taken so far at a European level at a video conference on Thursday afternoon. 

The government has likened the financial agreement struck by Eurozone finance ministers on Thursday in response to the Covid-19 pandemic to a prescription of painkillers when what is really needed is antibiotics.

It was nonetheless satisfied overall with the outcome. 

This is part of the European Union's strategy for a global pandemic response

EU Enlargement Commissioner Oliver Varhelyi said today that the European Commission is allocating € 3.8 billion to the Western Balkans and its EU east and south neighbors to help fight the coronavirus, according to BGNES.

Eurozone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery.

Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery.

Help to euro zone members struggling under the weight of the coronavirus crisis should come from the European level, European Central Bank board member Isabel Schnabel told the Sunday To Vima in an interview with diplomatic correspondent Angelos Athanasopoulos.

Acknowledging the effect the coronavirus outbreak is having on the Greek economy, the European Investment Bank has included Greece in its economic support package of 40 billion euros announced on Monday.