EU announces $16.4 billion package to help poor countries fight coronavirus
Coronavirus Iran
The European Union(EU) on Tuesday announced a $16.4 billion package to help poor countries around the world to fight the coronavirus pandemic.
Also Read: Sweden reports over 100 deaths in one day amid 'soft' approach to combat coronavirus
European Commission head Ursula von der Leyen said the aid money would help countries with weak healthcare systems tackle the impact of coronavirus and will also help in long-term economic growth.
Earlier, head of the Eurogroup of eurozone finance ministers had said they would need "a bold response" to fight the COVID-19 outbreak in the continent.
"We all know this is not time for business as usual policies. We must show our citizens that Europe, protects them," Mario Centeno, Portugal's finance minister said, adding,""to make a clear commitment for a coordinated and sizable recovery plan".
However, Germany and the Netherlands said they wanted a cautious approch to using the eurozone's existing bailout fund, the European Stability Mechanism.
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
'I was almost trafficked in Paris,' says Australian woman, shares terrifying ordeal - 'I am on the black market'
)
Why did India turn down the US offer for F-35 fighter jets? EXPLAINED
)
India avoids higher US tariff, secures lower 10% rate. Here's how
)
DMK leader Udhayanidhi Stalin detained over 'double-meaning' Trisha remark in Vijay's Tamil Nadu
)
22 children dead, 35 infected: India's Gujarat faces Chandipura virus outbreak — Experts explain symptoms
&im=FitAndFill=(700,400))
Meet top 5 bowlers in latest ICC ODI rankings 2026 - check who sits at the top
&im=FitAndFill=(700,400))
Can an S-400 detect a bird?
&im=FitAndFill=(700,400))
'Fifth-generation fighters': Can the S-400 shoot down an F-35?
)
Trump, Putin kissing in Amsterdam? Pride parade’s ‘couple’ goes viral | WATCH
)
'Crass, cheap and deeply derogatory:' Internet slams Udhayanidhi Stalin over his 'double-meaning' remark on Trisha
)
Pakistan minister admits ‘system has collapsed’, Munir pushes for more provinces | Gravitas
&im=FitAndFill=(700,400))
Why are iPhones so expensive compared to Android phones?
)
Bombay High Court canteens inspected after judges question Maharashtra FDA's 'selective' crackdown
)
WI vs PAK, 2nd Test: Shafique and skipper Babar lead fightback with unbroken 168-run stand on Day 2
)
Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
)
Influencer killed on livestream: Mexican cartel boss' son asked dad to kill woman who broke up with him
)
What’s happening in Nepal? How did a local clash turn into communal violence? WION Decodes
)
Scientists find descendants of ancient sea creatures trapped under Antarctica's Blood Falls
&im=FitAndFill=(700,400))
7 longest flights in the world - Singapore, Qantas, Qatar and others
)
Multiple WhatsApp accounts, including in India, are under review for 24 hours. Here’s why
)
Who is Devendra Nath Mahto, Jharkhand’s 'Sonam Wangchuk' fasting for protesting students?
)
PM Modi expected to visit Kyrgyzstan and Uzbekistan as India firms up Central Asia ties
&im=FitAndFill=(700,400))
Meet top 5 bowlers in latest ICC Test rankings 2026 - check who sits at the top
&im=FitAndFill=(700,400))
Meet top 5 batters in latest ICC Test rankings 2026 - check who sits at the top
&im=FitAndFill=(700,400))
Meet top 5 bowlers in latest ICC T20I rankings 2026 - check who sits at the top
)
'He is courageous leader': DK Shivakumar after TN CM Vijay postpone his Cauvery-related Karnataka visit
&im=FitAndFill=(700,400))
Why Russian tanks are much lighter compared to US tanks
)
Tamil Nadu leader Udhayanidhi Stalin draws severe backlash over derogatory remark against Trisha
&im=FitAndFill=(700,400))
Why Russian jets use heavier steel compared to US jets
&im=FitAndFill=(700,400))
New OTT releases this week (August 3-9, 2026): Main Vaapas Aaunga, Uyir, Operation Safed Sagar- 6 titles coming on Netflix, Prime Video and more
)
Wipro's margins fall to 15-quarter low as AI investment eats into profit
&im=FitAndFill=(700,400))
Why Russian fighter pilots wear blue flight suits compared to US pilots
&im=FitAndFill=(700,400))
How often does an S-400 need maintenance?
Italy, France and Spain has been imploring Germany, Austria and the Netherlands for common debt instruments to absorb the shock caused by COVID-19.
"Eurobonds represent a serious response tailored to the crisis we are living through," Italian Prime Minister Giuseppe Conte said even as several nothern countries in the EU feared it would involve sharing of sovereign debts saddiling the taxpayers for the missteps of sourthern countries within the group.