Merkel, Macron back $546B coronavirus aid package for EU

Two of the European Union’s (EU) most influential leaders announced Monday that they would support a $546 billion fund to help member states hit hardest by the coronavirus outbreak.German Chancellor Angela Merkel and French President Emmanuel Macron said that they would support an aid package establishing the fund, which would be supported by future borrowing as well, according to Bloomberg.”The EU must act together, the nation state has no…