About: http://data.cimple.eu/news-article/bc48cd287d9566822ab758a26bbf62841b583640e7f0885a385edba2

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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Greek Prime Minister Kyriakos Mitsotakis on Wednesday hailed a proposed EU coronavirus recovery package as a "huge step" and said that even skeptical European states would benefit. European Commission chief Ursula von der Leyen laid out a 750 billion-euro package with two-thirds of it in grants -- triggering a cool reception from frugal nations that prefer loans rather than grants. =Mitsotakis, whose country's bailout had been a major source of friction within Europe, praised efforts both by the Commission and the European Central Bank to lend a hand to a bloc facing a historic recession. "This will be a huge step for the European Union to actually demonstrate solidarity in a very tangible manner and help us all through the crisis," Mitsotakis told Washington's Brookings Institution and the University of Virginia in a virtual event. "At the end of the day, even the countries that are hesitant and skeptical about whether we should go down that path, they are very much dependent on a single market, probably more so than we are," the center-right leader said. Without naming them, he pointed to the comparatively open markets of the "Frugal Four" -- Austria, Denmark, the Netherlands and Sweden. "If the single market were to collapse for whatever reason, they would pay a very, very big price," he said. "What the Commission is proposing is not just good for us, it's good for Europe, it's good for the European project." The European Commission has won the crucial support of Germany -- which had pushed a hard line during the Greek economic crisis -- as well as France but needs unanimity among the 27 member states. Greece exited its bailout in 2018 and, unlike fellow southern European nations Italy and Spain, was comparatively unscathed by the COVID-19 coronavirus after enforcing strict containment measures. sct/jm
schema:headline	Greek PM praises 'huge step' of European recovery bid
schema:mentions	European Central Bank European Single Market European Commission Prime Minister of Italy Bailout Recession Austria Greece Ursula von der Leyen Denmark Netherlands Spain Sweden George Washington Virginia Germany Italy European Union France United States Coronavirus disease 2019 Cool Reception Greek government-debt crisis Brookings Institution Virtual event Friction Kyriakos Mitsotakis
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	86 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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