Europe needs €1.5 TRILLION to recover or single market could ‘break in two’ – EU economy commissioner

The European Union urgently requires

The European Union urgently requires financial injections to stay afloat and survive the coronavirus epidemic currently ravaging the continent, the European commissioner for economy, Paolo Gentiloni, has warned.

A whopping €1.5 trillion ($ 1.63 trillion) could be needed to “deal with this crisis,” Gentiloni told Der Spiegel ahead of the EU leaders summit on the crisis sparked by the outbreak of Covid-19.

Continue reading https://on.rt.com/af7y