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		</div><p>Finance ministers from the 19 countries that use the euro single currency have broken off talks amid deep divisions over how best to respond to the ravages of Covid-19 on European economies and will meet again on Thursday.</p>
<p>Eurozone chief Mario Centeno had been scheduled to hold a news conference on Wednesday morning, but EU headquarters said the event was cancelled, following talks deep into the night.</p>
<p>European governments are scrambling to put together hundreds of billions of euros to save lives as well as companies and families from going bankrupt.</p>
<p>Many countries worst hit by the virus are also those that can least afford the costs, like Italy and Spain.</p>
<p>But they are divided over how best to tackle the challenge.</p>
<p>Italy and Spain, backed by France, want to throw all the EU’s economic might into fighting the virus and damage from the disruption it has caused as soon as possible.</p>
<p>However, nations like Germany and the Netherlands want to keep something in reserve should things get even worse.</p>
<p>They are reluctant to share debt with EU partners without strict conditions out of concern that they might end up having to foot the bill.</p>
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