EU leaders to discuss Marshall plan-like stimulus package

epa08230207 European Council President Charles Michel arrives to give a statement prior a Special European Council meeting in Brussels, Belgium, 20 February 2020. EU heads of state or government gather for a special meeting to discuss the EU?s long-term budget for 2021-2027. EPA-EFE/JULIEN WARNAND

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EU leaders will on Thursday discuss a “Marshall Plan-like” stimulus package to fight the dire effects of the coronavirus on the bloc’s economies, European Council President Charles Michel said Wednesday.

Speaking on Belgian television channel LN24, Michel said he had earlier this week discussed “the way we are going to put in place what I call a Marshall Plan-like stimulus strategy” with the bloc’s 27 ambassadors, ahead of Thursday’s videoconference of heads of state and government.

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