As European countries brace for the economic fallout of the coronavirus pandemic, the president of the eurozone group of finance ministers known as the Eurogroup, Mario Centeno, in an interview with five European newspapers including Kathimerini, has underlined the need for "a suitable mix of grants and loans in the recovery," warning of a new crisis if adequate support is not provided.
Officials in Athens are trying to make sense of what they see as erratic behavior emanating from Ankara, which on the one hand is requesting a moratorium on military exercises in the Aegean due to the coronavirus pandemic, and on the other is continuing its tactic of low-level tensions regarding the Greek islands.
In March 2020, the month when COVID-19 containment measures began to be widely introduced by Member States, the euro area seasonally-adjusted unemployment rate was 7.4%, up from 7.3% in February 2020. The EU unemployment rate was 6.6% in March 2020, up from 6.5% in February 2020. These figures are published by Eurostat, the statistical office of the European Union.