Coronavirus Infects Europe With More Divisions And Nationalist Spirit

Pascale Davies, Forbes, 29.03.2020

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Europe is facing its biggest crises since the Second World War with the invisible killer COVID-19 putting a strain on the Union's founding treaty of solidarity and adding a side effect of nationalism. [...]

But the more frugal northern countries, including the Netherlands and Germany, argue against the move, afraid the Club Med countries could then exploit the crisis to push previous demands for eurozone members to pool public debt.

"Italy and Spain now need immediate support to tackle the virus and will need support to cushion the financial and economic fallout," said Janis A. Emmanouilidis from the European Policy Centre.

"One major lesson from previous crises (such as the migration crisis) is the EU will have to react strongly and quickly to stop it spiraling out of control and increasing the cost," he added. [...]

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