EU Finance Chiefs Agree on $590 Billion Virus Rescue Package

(Bloomberg) -- European Union finance ministers agreed on a 540 billion-euro ($590 billion) package of measures to combat the economic fallout of the global pandemic.In an emergency teleconference on Thursday, they approved a plan to stave off what’s expected to be a recession of unprecedented size, drawing a round of applause from the participating officials.It includes a joint employment insurance fund worth 100 billion euros, a European Investment Bank instrument intended to supply 200