EU should open coffers to tackle COVID-19 fallout

The Fine Gael MEP Sean Kelly says the EU should “open the coffers” to help businesses cope with the coronavirus.

He's suggesting a range of ways in which the EU could help including funding being provided by the European Investment Bank (EIB).

The Ireland South MEP also believes the EU could be more flexible with its state aid rules. Sean Kelly says facing yet another serious financial crisis, the European Union must do what it can to prevent companies going bust.

Dur: 30”

OUT: Go to the wall