Europe is just beginning to emerge from the lockdowns to halt the outbreak, which has taken a huge bite out of national economies
But despite widespread recognition that the hardest-hit countries will be unable to repair the economic damage on their own, divisions among EU members on how to craft an overall response have hampered comprehensive action so far.
They will meet via video conference beginning at 3.30pm , followed by a joint declaration and press conference at around 5pm. European sources said last week the commission would lay out its plan toward the end of May, hoping to reconcile the opposing objectives of providing financial firepower — and proving European solidarity — without giving governments a blank check that would expose the entire bloc to gaping budget deficits.
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