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Origins hospital struggle to cope with a surge in cases of the worst maybe yet to come. Im told me a lot of well welcome to the program e. U. Finance ministers have reached a deal on a 500000000000 euro plan to soften the economic fallout from the coronavirus pandemic the measures are aimed at helping states hit by corporate 19 as well as supporting companies and protecting jobs the breakthrough came after ministers failed to overcome their differences in manners from top martin talks only of this week southern European Countries one of the union to do more to ease access to Financial Markets by creating socalled corona bonds but that idea was vetoed by wealthier countries such as germany the netherlands and finland. Earlier i spoke to brussels correspondent diogu motus and he gave us more details on the deal. Right this rescue plan basically consists of 3 safety nets 1st of all there is the money that comes from the European Bailout Fund the socalled european stability mechanism some 240 of 1000000000 euros secondly there is the European Investment bank that will hand out loans to small and Medium Sized Companies worth some 200000000000. 00 euros and finally there is a short time work scheme from the European Commission worth 100000000000. 00 euros so in total were looking at over half a trillion euros and that is why the head of the euro group mario sent a note today and wanted to clarify when he was asked why this has taken so long seeing that the meeting was delayed and it took a couple of days until they made this decision that is exactly why it took so long it is a big big commitment he said it is unprecedented and he also clarified that it is bold ambitious and it was unthinkable just a week ago. Have italy and spain achieved what they wanted. Yes they have achieved some of their goals basically something remained on the table and something is off the table lets start with whats off the table and that is tough conditionality conditionality for money from the European Bailout Fund will remain at a minimum minimal. And there wont be tough conditions like greece was facing them when they needed money from the bailout fund the compromise here is that the money can only be used on certain areas for instance in the Health Sector now what is remains on the table and that was crucial for both spain and italy is the idea of corona bonds in a way because what ministers agreed to is a Recovery Fund what they called a common Financial Mechanism for the future and there is still disagreement how the money for this fund where is where the money for this fund comes from some countries see joint debt issuance as a source that will be the corona bonds other say that wont happen and that is why the head of the euro group today said they will seek guidance from leaders in other words they kick the can down the road. In brussels thank you germanys chancellor says she sees signs for optimism in the countrys fight against the coronavirus social distancing measures have helped slow the spread of figures from the Johns Hopkins University Show the number of new infections is going down but in the latest briefing Angela Merkel warned that now was not the time to ease the lockdown. Deserted streets in the german capital a common sight in countries facing her in a virus around the world but according to experts in germany the restrictions on movement seem to be having a positive effect. The number of new cases there appears to be leveling out but with a long easter weekend looming the german chancellor has warned against getting complacent to do often on smith we mustnt allow ourselves to be lowered into a false sense of security instead we should be really happy that more stringent measures are necessary for me this means that we cannot be reckless now we mustnt allow ourselves to be lulled into this false sense of security and i know that for myself personally you get a little hope then you gain confidence then you become a little more relaxed and then youre a little careless you know we have to stay focused the situation is fragile for you germany also announced plans on thursday to increase Domestic Production of protective medical gear asian manufacturers are currently responsible for 90 percent of the worlds production of protective masks more than 100 companies have responded to the governments call for help but also. As a result in our discussions about procurement and the purchase of personal protective equipment especially medical protective masks we saw the 1st steps of progress. Some companies that operate here in germany are already investing in increasing the production of the material thats needed for masks its true that. Signs of cautious optimism in germany but the debate over an exit strategy to lift restrictions will resume after easter. British Prime Minister Boris Johnson has been moved out of intensive care his spokesman said mr johnson had been moved back to a ward and would receive close monitoring during his recovery the Prime Minister was admitted to send Thomas Hospital in london on sunday evening with a High Temperature and persistent cough it was then moved to intensive care on monday after his coronavirus in terms worsened hes now said to be in good spirits. Before he became ill johnson downplayed the potential dangers of the coronavirus. Holds explained how similar attitudes toward the virus have changed in britain as a Prime Minister himself seemed kind of careless and i think that reflected in many peoples attitudes now of course that has changed went to show that this virus doesnt discriminate so definitely more people became a lot more careful but i think its also because of the shia numbers that were looking at here in the u. K. That people are getting more and more worried where at a point where the death toll has nearly reached 8000. 00 its comparable to italy and spain almost the rise of deaths per day 7. 00 to 800. 00 at the moment the National Health service is slowly becoming overwhelmed at some places already at a breaking point where doctors and nurses saying hospital beds are filling up way too quickly so while Boris Johnson seems to be out of the woods the country at this point definitely is not yet lets take a look at some of the coronavirus related news from around the world. Coronavirus restrictions forced pope francis to hold mass without the faithful on thursday at mt st peters basilica the pope dedicated the service to Health Care Workers week old next door the mass commemorating jesus last supper normally attracts some 10000 believers. The International Monetary fund says the pandemic is causing the worst economic fallout since the Great Depression of the 1930 s. More than 170 countries are expected to see a decline in capita income this year and almost total reversal of preplanned demick projections emerging economies and low income nations will be the worst affected. The u. S. Job market is continuing to collapse government figures released on thursday show a staggering 16800000 americans have been pushed to file for Unemployment Benefits in just 3 weeks with over 6000000 joining long lines lost and that means that the coronavirus has cost about 1. 00 of every 10 u. S. Workers their jobs with the flood of new claims Florida State has opened up the drive through unemployment offices. All of a salad joins me now from washington d. C. Oliver staggering new unemployment numbers in the u. S. This doesnt look good. It doesnt only the numbers are dramatic and this is also the 2nd week that of all 6000000 americans filed for unemployment the 2nd week in a row so you mention it already economists have been saying that the u. S. Is already in a very deep recession the i. M. F. Predicting the biggest economic downturn since the Great Depression almost 100 years ago so that gives a little bit of an idea what the u. S. U. S. Economy has gotten itself into at this point seoul President Trump in particular is fearing is reelection right now because his whole campaign will build on his former great Economic Data and therefore he has he is planning to put a 2nd task force to work a task for that is solely taking care about reopening the economy as soon as possible there are rumors that this could happen as soon as in may so the key for him is really to get americans back to work as soon as you find ways and means to do so now the u. S. Has been the coronavirus epicenter for some time with nearly half a 1000000 confirmed infections are we seeing any improvement. Well we are seeing some slight improvement thats what the white house at least wants to make americans believe President Trump has been talking in his recent press conference often involve some light at the end of the tunnel as he said and his leading coronavirus expert antony followed she today also said that americans might even be thinking about summer vacations and its true that the number of hospitalisations in new york city had its slowest jump in quite a while but still dont forget the number is still going up and we have to see if that trend continues the number of deaths is still surging though and there are also warnings that the crisis might just move further south and all that that the corona crisis might find other epi Center Cities like philadelphia baltimore and washington d. C. Where we are located and also if the economy is then going to be reopened soon the number will search the numbers of new infections will certainly go up again and will then also hit the weakest part of the society and that has already been the case the number of casualties among the black community for instance reportedly is particularly high above average tail of a sonnet in washington thank you for that update. South america and ecuador is facing a crisis as coronavirus cases the situation is especially bad in the countrys biggest city kill bodies have been left on the streets as authorities struggle to collect the dead and hospitals have been overwhelmed. Desperation outside the emergency ward enquire kill ecuador this womans parents are dying. They said they could admit my father but they have no oxygen i was supposed to get the oxygen myself. Nurses are sounding the alarm hospital staff are fulling ill with suspected cases of covert 19 people in guayaquil have been living with disaster for a week every day people are dying on the streets or in their apartments the virus is spread here on a massive scale it takes authorities days to collect the bodies. Like this and then as awful as i dont know what to do im worried that we are infected myself my brother and my mother. Would always economic capital was unprepared for this there is hardly any testing taking place authorities are overwhelmed and afraid they might get infected while the government is trying to play down the situation all the way the government hasnt grasped the dimensions of the catastrophe that were witnessing here epidemiologists say the next wave of illness is imminent that the worst thing. Relatives wait for days of the symmetries for they did to be buried some are searching for family members they dont know where their graves are. Hoping to find my father. More and more people are dying every day and many worry that the crisis in choir kill could spread throughout the region. With the easter holidays approaching britains Prince William and his wife catherine the duchess of cambridge paid a virtual visit to a school still open for children a frontline staff were keeping the country running during the coronavirus pandemic the royal couple ott and locked down at home in rural north all the children are in burnley in the north west of england many years lights. I dont really frightened me im katherine and this is william next to me and are you holding up pictures of your mommys daddy yeah yeah. This is picture and she was in there any chairs. I sometimes i mean its interesting the really proud as. Well as i can you know you know its your less. Brilliant book about its alright. Well well done really you see i agree to be very proud that in may. By. Youre watching the dublin years from ballet and theres more on our website v. W. Dot com thanks for joining us. Beyond. That. All of the stories that matter to. Us. Whatever it takes. To running. You. Know that w. Made for mines

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