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    Amid Divisions, European Finance Ministers Fail To Reach Coronavirus Support Deal

    European finance ministers spent the overnight hours arguing over the best way to offer financial support to southern members badly hit by the coronavirus. The row highlights a north-south divide.
    by H.J. Mai Apr 08, 2020 2 minutes
    In Paris, French Economy and Finance Minister Bruno Le Maire (left) speaks on the phone with his German counterpart as his advisor Juliette Oury (center) and cabinet deputy director Thomas Revial (second right) and French Treasury director Odile Renaud-Basso attend, during a break in a videoconference meeting of European Union finance ministers to discuss coronavirus response on April 7.

    After all-night talks, European finance ministers from the 19 countries that use the euro failed to agree on a program to support the European Union's coronavirus-stricken economies.

    "After 16 hours of discussions, we came close to a deal but we are not there yet," Portuguesepresident, . "I suspended the Eurogroup [and we will] continue tomorrow."

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