European Union finance ministers plan to agree on Monday on a coordinated economic response to the coronavirus pandemic
European Commission forecast the effects of the virus could push the EU into a recession
Meeting today aimed at action for a coordinated stepping up of the EU's response
Eurogroup of ministers videoconference
"Our Monday Eurogroup will be dedicated to the Covid19 response," the chairman of euro zone finance ministers, Mario Centeno of Portugal, said on Twitter. "The bulk of the initial policy action lies in the capitals, but I will lead our group to agree on comprehensive and coordinated EU economic policy response to this health crisis"