Who Dares Win
Master Don Juan
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https://www.express.co.uk/news/worl...sels-eurozone-coronavirus-corona-bonds-latest
It was all **** and giggles till **** hit the fan for real.
Portugal's Prime Minister Antonio Costa has stunned fellow EU leaders after raising the idea of leaving the Netherlands out of EU agreements. The astonishing remarks implies that the Netherlands could be kicked out of the European Union, amid growing outrage at the coutnry's conduct in the latest coronavirus response talks. The Netherlands held up the talks after blocking demands from Italy, Spain and France for so-called 'corona-bonds' where the EU would issue joint shared debt to help finance a recovery.
https://foreignpolicy.com/2020/03/30/coronavirus-pandemic-europe-north-south-eurobond/
The stakes are huge. In the short term, many heavily indebted countries in Southern Europe have to deal with an economic collapse on a scale never before seen, with nearly all businesses shuttered by government order, while borrowing costs are higher than in richer countries like Germany, which limits those governments’ ability to respond to the crisis. In the longer term, what Southern Europeans see as a lack of solidarity from Germans and Dutch threatens to torpedo the entire notion of the European Union, which has been tottering since at least the last financial crisis.
It was all **** and giggles till **** hit the fan for real.
Portugal's Prime Minister Antonio Costa has stunned fellow EU leaders after raising the idea of leaving the Netherlands out of EU agreements. The astonishing remarks implies that the Netherlands could be kicked out of the European Union, amid growing outrage at the coutnry's conduct in the latest coronavirus response talks. The Netherlands held up the talks after blocking demands from Italy, Spain and France for so-called 'corona-bonds' where the EU would issue joint shared debt to help finance a recovery.
https://foreignpolicy.com/2020/03/30/coronavirus-pandemic-europe-north-south-eurobond/
The stakes are huge. In the short term, many heavily indebted countries in Southern Europe have to deal with an economic collapse on a scale never before seen, with nearly all businesses shuttered by government order, while borrowing costs are higher than in richer countries like Germany, which limits those governments’ ability to respond to the crisis. In the longer term, what Southern Europeans see as a lack of solidarity from Germans and Dutch threatens to torpedo the entire notion of the European Union, which has been tottering since at least the last financial crisis.