EU’s north-south divide rears its ugly head again as coronabonds are killed off

Hardline opposition to EU solidarity in funding the cost of Covid-19 is driven by German allergy to ‘imprudent’ spending, and by Dutch politicians fearing the transfer of funds to southern countries would provoke a far-right backlash

Angela Merkel, the German chancellor with Mark Rutte (left), the Dutch prime minister and Josep Borrell (right), the EU’s High Representative for Foreign Affairs and Security Policy at a European Council summit in Brussels. Picture: Getty Images