The German newspaper ‘Süddeutsche Zeitung’ published an open letter by well-known artists about an initiative to issue Coronabonds in order to share the burden of the pandemic across the EU.
At the last Eurogroup meeting, Eurozone finance ministers agreed to set up a ‘Recovery Fund’ to help trigger an economic rebound once the lockdowns are over.
Politicians in Brussels and Member States are seeking a mission for The Union that has broad public appeal in order to gain support from populist tendencies instead of becoming the victim of them.
Trade has lifted billions of people out of poverty by fostering international cooperation, expanding consumer choice, and above all, by integrating developing economies into the global economy.