9/16, 10:04 AM (Source: TeleTrader)
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EU's Von der Leyen: Now not the time to halt relief

European Commission President Ursula von der Leyen delivered her first State of the Union adress, stressing the importance of economic stimulus the EU has provided to the member states.

Von der Leyen explained that the bloc needs to maintain a balance between providing support and securing the financial stability of the region. She added that the Commission expects EU's economies to start growing again in the third quarter of the year.

When it comes to handling the crisis, Von der Leyen insisted the EU has to continue stockpiling strategic resources such as pharmaceutical goods in order to be prepared for worst-case scenarios.

Breaking the News / ND