Economics

Merkel’s Stimulus Vow Edges EU Closer to Deal on Rebuilding

ECB’s Lagarde warns leaders risk doing too little too late
Comments made during video conference between EU leaders

EU Inches Toward Virus Rescue Deal Amid ECB's Dire Warning

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By Viktoria Dendrinou and Boris Groendahl

April 23, 2020 at 1:55 PM UTC

Updated on

April 23, 2020 at 6:42 PM UTC

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German Chancellor Angela Merkel’s pledge to back a huge stimulus package for the European Union wasn’t enough to force through a deal as leaders inched ahead with their reconstruction plans during a videoconference on Thursday.