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Spain expects initial EU consensus on #Coronavirus aid at Thursday summit

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The European Union (EU) council should reach an initial consensus on the common financial response to the coronavirus pandemic during its next summit on Thursday (23 April), Spanish Prime Minister Pedro Sanchez (pictured) said, write Emma Pinedo, Belen Carreno and Inti Landauro. 

“I expect the European Council tomorrow will reach a first consensus because it is indispensable,” Sanchez told parliament on Wednesday.

Spain has proposed the creation of a fund of up to €1.5 trillion ($1.63trn) financed by perpetual debt.

Sanchez added he wants the Eurogroup short-term coronavirus economic package that was agreed upon on 9 April to be implemented by 1 June.

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