EU Proposes Jobs-Support Scheme Amid Coronavirus but Deep Rifts Remain

After bitter clashes last week over a collective economic response to the coronavirus crisis, European authorities have rolled out proposals aimed at convincing Spain and Italy the bloc is serious about standing together.

The European Union’s executive body proposed a €100 billion ($110 billion) plan Thursday to help governments fund programs to keep people in work. French Finance Minister Bruno Le Maire detailed a proposed long-term coronavirus impact fund.

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