Coronavirus: Financial crisis 'on steroids' looms for EU leaders - BBC News
After 16 hours, EU finance ministers still could not reach a deal on how to react to coronavirus.
This time though, in the words of a Danish colleague, "it appears to be a financial crisis, on steroids".
A deep, deep recession is looming across the EU as a result of the coronavirus pandemic.
The all-nighter into Wednesday, pulled by the EU's 27 finance ministers, was supposed to provide a financial solution to help shield the worst-hit countries.