Due to COVID-19 precautionary measures, this meeting will take place via teleconference (15.00 CET).
Ministers will exchange views on the economic fallout of the COVID-19 crisis and the appropriate policy response, including questions related to state aid rules. The European Commission will present an assessment of the situation. The European Central Bank will present the purchase programme announced on 18 March.
In light of the COVID-19 crisis, ministers will discuss the flexibility of the Stability and Growth Pact. They will look at the measures, including a general escape clause, presented by the European Commission in its communication on the economic aspects of the COVID-19 crisis.
Ministers will exchange views on the impact of the COVID-19 on the European Semester 2020 and the way forward over the coming months.