Good morning from the Financial Times.

Today is Friday, April 24th,

and this is your FT news briefing.

Germany is throwing its weight behind a fund

to help Eurozone economies stung by coronavirus lockdowns.

And yesterday the WHO accidentally published draft documents showing disappointing results

in a potential coronavirus treatment.

Plus the F.T's global business columnist Rona Faruhar

argues that the pandemic could push the US

into a new era of austerity.

I'm Mark Filipino, and here's the news you need to start your day.

A few days ago, Spain called on EU leaders to approve up to 1.5 trillion euros in grants.

They would go toward rebuilding the bloc's economies that have been hit hardest by the coronavirus

pandemic.

And yesterday at a brief video conference summit among leaders,

Angla Merkel said that Germany is ready to make substantial contributions

to such a recovery fund. But the conditions of the fund are still up in the air.

Leaders weren't able to agree on the conditions of the fund are still up in the air.

Leaders weren't able to agree on the size of the fund and whether the commission should

hand out grants or loans.

France, Spain, and Italy, the European countries that have been hit hardest by the virus, are pushing for grants.

Ms. Merkel insists that any funding borrowed must be paid back.

...