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16 March 2020

Main results - Eurogroup (including full statement on COVID 19 economic policy response)


The Eurogroup held an in-depth discussion, together with non-euro area members, and adopted a statement on how to respond to the extraordinary human and economic crisis caused by the coronavirus.

COVID-19: economic policy challenges

The Eurogroup took stock of the economic situation and adopted a statement on the economic policy response to the COVID-19 outbreak. 

Statement on COVID-19 economic policy response

Reform of the European Stability Mechanism treaty

Ministers discussed the state of play of the European Stability Mechanism (ESM) package of reforms and the early introduction of the common backstop.

Preparation of international meetings

The Eurogroup took stock of inflation and exchange rate developments over the past months in view of the upcoming IMF Spring meeting.

Greece: fifth enhanced surveillance report

The Eurogroup briefly discussed the fifth enhanced surveillance report on Greece. The report is not linked to a decision on the policy-contingent debt measures.

Remarks by Mário Centeno following the Eurogroup meeting of 16 March 2020



© European Council


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