Opinion | The Coronavirus Euro


Bad crises tend to produce worse policy, and nowhere is that as true as with growing calls to overhaul the euro currency to respond to the coronavirus health emergency. Imagine how European voters will feel when they find out.

We speak of proposals for “corona bonds,” an idea floated as a fiscal solution to Europe’s deepening pandemic. Italian Prime Minister Giuseppe Conte launched the effort, and French President Emmanuel Macron this week joined Mr. Conte and seven other leaders in backing such a bond issue for health-care…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *