EU ministers to back looser rules to keep bank credit flowing to economy

BRUSSELS (Reuters) - European Union finance ministers are set to endorse a loosening of rules to allow banks to keep credit flowing to the economy as the coronavirus epidemic stifles business activity across the bloc."It is crucial that banks continue financing households and corporates, including Small and Medium sized Enterprises experiencing temporary difficulties amid the COVID-19 pandemic," the ministers are likely to say after a video conference on Thursday, according to a document..