To get the most out of this website it's best viewed on a more up-to-date browser. See how to update your browser.

Investment Event - EU agrees joint fiscal response

EU finance ministers agree on a EUR540bn fiscal package.
14 April 2020
    Read in PDF formatEnglish, PDF, 244.44KB
    Print this article

    Key takeaways:

    • EU finance ministers have agreed a EUR540bn package of fiscal measures to ease the economic impact of COVID-19
    • The package marks a significant first step in providing a joint response to COVID-19 but concerns remain
    • Tensions could resurface at future meetings of eurozone finance ministers
    • We are tactically cautious on eurozone equities in our diversified multi-asset portfolios, but recognise that improved valuations present opportunities for investors with a longer-term investment horizon
    • Meanwhile, we remain underweight eurozone bonds amid the ongoing political tensions within the bloc