EU officials scan corporate sector for danger as bankruptcies loom
Governments face conundrum of how to decide which companies to keep alive as they withdraw support
24 March 2021 - 08:36
Brussels — When EU leaders wrapped up 20 hours of talks to put the seal on a giant economic aid package around dawn on December 11, they did not head off to bed. They had one more topic that couldn’t wait: the damage done to corporate balance sheets.
Starting at 8am, the leaders summoned the EU’s top economic policymakers to brief them on the state of the euro-area economy and how to avert the next catastrophe they could already see coming down the track, according to two officials familiar with the talks...
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