Quote:
Originally Posted by Sephiroth
My thanks to jfman for introducing an article on the Deutsche Welle web site.
In my case the article of interest is: https://www.dw.com/en/eus-von-der-le...ope/a-53021106
Marshall plan for Europe!
A quote from DW: "The many billions that have to be invested today to avert a greater catastrophe will bind the generations together," she [von der Leyen] wrote, calling the crisis a chance to renew the feeling of community among the nations of Europe."
This was accompanied by what the Spanish PM said (obviously in begging bowl mode): "Europe has to establish a wartime economy and put in place measures for the defense, the reconstruction and the economic recovery of Europe....".
It will be interesting to watch this being played out as Brussels tries to take control ogf the Coronavirus situation and to hold the EU together.
I think the above just about squeaks in as on topic!
|
Well that's the nature of the Eurozone though - macroeconomic levers need a co-ordinated approach across states that use the currency and some of this has to be steered from the top.
That's what they agreed to in the 90s.