To overcome the Covid-19 crisis, the European Central Bank is considering pooling debt issuances among the countries of the Eurozone in what has recently been dubbed as “Coronabonds”.
Periods of economic crisis are a breeding ground for all sorts of populist ideas, often ideas that had been discarded in the past due to their dire practical implications.
Although the COVID-19 pandemic is by no means over, in Spain we can already start to learn some lessons that will ensure the same mistakes are not made again if we are ever unfortunate enough to face a similar situation in the future.