Equities

Reuters exclusively reports Europe nears crisis plan for public stakes in key companies

Reuters exclusively reports Europe nears crisis plan for public stakes in key companies

Reuters exclusively reported that EU officials are seeking to finalize a plan for public stakes to be taken in key European companies to shield them from the economic fallout of the COVID-19 pandemic. The European Union is looking to take decisive, unified action to support corporates after plans to help struggling southern states became mired in dispute and led to some politicians questioning the future of the European project.