Economics

ECB’s Rehn Confident Europe Is Headed for Common Fiscal Action

Finnish governor says coronabonds one option for governments
Rehn says solution could include credit line, using EU budget

WATCH: Rehn says Europe needs continent-wide fiscal action to combat the fallout from the coronavirus pandemic.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Piotr Skolimowski, Roger Hearing, and Nejra Cehic

April 3, 2020 at 8:22 AM UTC

Updated on

April 3, 2020 at 10:23 AM UTC

This article is for subscribers only.

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.

European finance ministers are likely to agree next week on a compromise solution that would ensure a common fiscal response to the economic fallout from the coronavirus pandemic, according to European Central Bank policy maker Olli Rehn.