'Whatever it takes': EU in show of unity on virus, but with scarce resources
FILE PHOTO: EU Council President Charles Michel and European Commission President Ursula von der Leyen hold a news conference following a meetig with Turkish President Tayyip Erdogan in Brussels, Belgium March 9, 2020. REUTERS/Francois Lenoir/File Photo
Speaking after an emergency videoconference of EU leaders, Ursula von der Leyen said the investment fund should be financed with 7.5 billion euros of EU money and help vulnerable sectors of the economy. Money should start flowing in the coming weeks, she said, adding funds will be channeled to healthcare systems, smaller companies and the labor market.
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