Tuesday June 2, 2020

Lucinda Creighton: Eurobonds offer a win-win solution for a flailing EU

We are all in the firing line now, and there is only one way we can bounce back quickly: through joint decisive action

5th April, 2020
Shop assistants wear protective gear at a supermarket in Spain: eurobonds would help all European countries provide badly needed stimulus Picture: Getty

At the height of the euro crisis, the question of European solidarity came into sharp focus as a geographical divide emerged between the countries worst affected by the economic downturn.

The nationalist rhetoric which emerged at the time was alarming, with politicians and media in Germany and the Netherlands, for example, pouring scorn on the “profligate” southern countries, especially Greece, accusing their populations of laziness and other stereotypes.

At the same time, the...

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