CORONAVIRUS and EUROBONDS: Will the EU collapse?

Written by Umberto Belluzzo

Last week the coronavirus situation became worse, especially in Europe, and I assume it is clear to anyone that we still have two more weeks of #stayathome. In Italy and Spain, after almost 4 weeks of lockdown, the number of deaths per day are drastic; in UK the Prime Minister got infected and in other places such as the US, Donald Trump has passed from talking about open and crowded churches in Easter to declaring that if the number of deaths remained under 100K, the government would have done a good job. Italy has been the most affected in the world until now, counting up to ten thousand deaths with the number of infected people to over a hundred thousand.

Ten thousand deaths just in Italy is a shocking figure that makes evident the severity of this pandemic to whom, like most of us far away from the red zones, are living this quarantine as a series of long and silent Sundays.

Now, what is the EU doing?

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