A debate must begin on how to redesign the EU’s economy as the system designed after WWII has reached its limit.
The EU summit on 23 April should demonstrate that not only has Europe learned from the mistakes of the past but also that the Union knows how to act swiftly.
'I hope we will get progress on a coronabond tonight, but more realistically is probably some kind of rescue fund in the making. It should be the minimum of what we can expect,” said Piet Haines Christiansen, a top financial analyst.
We therefore propose that we work together quickly to ensure sufficient liquidity in all European Union countries, so that jobs do not depend on the whims of speculators.
The wealthy states of Northern Europe and especially Germany, the Netherlands, and Finland continue to stubbornly refuse to adopt bold economic measures in the midst of a deadly pandemic.
It is in no one’s interest for the economy to shrink again due to recessionary policies and policies that will not facilitate an extremely swift remedy of the major additional wounds that it will suffer from the virus.