ESM's role in virus fight debated as Eurogroup unveils plans

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ESM's role in virus fight debated as Eurogroup unveils plans

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Flags of Europe or European Flag is the symbol of Council of Europe CoE and The European Union EU as seen in the Belgian capital Brussels in front of modern architecture high buildings with glass and steel construction the Le Berlaymont building, European Commission headquarters. The flag was designed by Arsène Heitz and Paul M. G. Lévy. Brussels, Belgium - February 20, 2020 (Photo by Nicolas Economou/NurPhoto) | Nicolas Economou/NurPhoto/PA Images

Market participants are debating whether the EU is responding quickly and strongly enough in the coronavirus crisis, after the bloc put off the question of how to involve the European Stability Mechanism on Monday evening.

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