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Home > World Business Report > EU agrees $500bn stimulus package
Podcast: World Business Report
Episode:

EU agrees $500bn stimulus package

Category: Business
Duration: 00:26:26
Publish Date: 2020-04-10 10:14:00
Description: The European Union faces immense economic challenges as a result of the Covid-19 pandemic, with some warning its very existence is at risk. After days of marathon talks, the EU has agreed to a rescue package worth more than half a trillion dollars. But the European Central Bank is already on record as saying that one-and-a-half trillion euros are needed. So will it be enough? We ask the Rome-based economist Michele Geraci - until recently Under-Secretary for Economic Development in Italian Prime Minister Mario Conte's government. Iranian President Hassan Rouhani has called for 'low risk economic activities' to resume from tomorrow. We asked BBC Persian how the country's residents are reacting to the move. An unintended silver lining from national lockdowns and businesses being forced to close is a spike in demand for online training. Presenter Fergus Nicoll decided to go back to school and try some web-based professional development. Once considered a relic of the past, drive-through cinemas are making a comeback in parts of America. Josh Frank owns a series of drive-in theatres in Texas and told Rob Young about the experience.
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