COVID-19 Coronavirus: Mr Bassi (FAFCE), “Families and enterprises must be helped together. Need for proposals also from EU countries”

“Families and enterprises must be helped together: they go hand in hand and everyone, in the current situation, should recognise this evidence”. Vincenzo Bassi, President of the Federation of Catholic Family Associations in Europe (FAFCE), said this today in response to the words of the President of the European Central Bank, Christine Lagarde, who said last Thursday that monetary policies should encourage banks to keep lending to families and firms throughout the crisis. “We welcome the measures that the ECB is taking to give more liquid assets and credit to families, but we need to act faster and more effectively at all levels”. Tomorrow, 5 May, there will be the informal videoconference of the ministers of Labour and Social Affairs organised by the Croatian Presidency of the EU, whose conclusions will be carefully studied by FAFCE. “It is necessary that all Member States make concrete proposals to support families, adapted to the historical emergency that we are experiencing”, Mr Bassi remarked. The Board of FAFCE will address these issues at its spring meeting via videoconference on 6 May.
Valentina Bombelli