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WORLD, Coronavirus

Europe must be ready for fiscal stimulus over virus: French minister

PARIS, March 4: Europe needs to be ready to use fiscal stimulus to deal with the impact of the coronavirus outbreak on the economy, French Finance Minister Bruno Le Maire said on Wednesday.
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French Finance Minister Bruno Le Maire looks on during a meeting with his Greek counterpart Christos Staikouras (not pictured) at the Finance Ministry in Athens, Greece, February 25, 2020. REUTERS/Costas Baltas
By Reuters

PARIS, March 4: Europe needs to be ready to use fiscal stimulus to deal with the impact of the coronavirus outbreak on the economy, French Finance Minister Bruno Le Maire said on Wednesday.



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Le Maire also told French BFM Business radio that the eurozone would have to boost budget spending if the coronavirus outbreak lasted and economic growth was impacted.

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