EU finance ministers fail to clinch coronavirus rescue deal

European Union finance ministers failed to agree in all-night talks on more support for their coronavirus-hit economies and their chairman said on Wednesday morning he was suspending the discussions until Thursday.

Diplomatic sources and officials said a feud between Italy and the Netherlands over what conditions should be attached to eurozone credit for governments fighting the pandemic was blocking progress on half a trillion euros worth of aid,reports France 24.

“After 16 hours of discussions we came close to a deal but we are not there yet,” Eurogroup chairman Mario Centeno said on Wednesday morning. “I suspended the Eurogroup and (we will) continue tomorrow

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