00:00Il nostro obiettivo per oggi è di avere un accordo politico sull'esmero di risultato di pandemia di crisi.
00:07Il tempo è di essenza.
00:10Abbiamo bisogno di un'autorizzazione breve,
00:12così che il risultato di crisi può essere formato da l'ESM Board di Governi prossima settimana.
00:18Ci sono stati di accordo che dovrebbero essere potuto usare questa città di credito a 1 Juni.
00:23We have worked closely with member states, the European Central Bank and the ESM to prepare the ground and carried
00:31out eligibility assessments.
00:33Every Euro-area member state will be eligible to apply for this support.
00:38Countries will be able to get funding of 2% of GDP to spend on direct and indirect health-related
00:45costs.
00:46The lending terms, pricing and maturities will be very favorable.
00:52Because this is one-off pandemic-related credit line, the surveillance and reporting will be streamlined.
00:59The ESM credit line is an important part of the crisis response agreed by leaders on 23rd of April.
01:06Looking forward, we also want to see quick progress on our employment support scheme, SURE, and the European Investment Bank's
01:14Pan-European Guarantee Fund to protect our companies and workers at this time of need.
01:19The economic recovery will depend on continued strong effort.
01:25This recovery will need to be powered by an ambitious EU budget with substantially increased funding capacity and strong front
01:34-loaded investment component.
01:37The corona pandemic has hit all member states and we now need to take big steps at EU level to
01:43get economies back on their feet.
01:45of the city
01:45of the city
01:45of
01:45Grazie.
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