Summary:
Later today, Thursday 23rd April, the EU Council will meet to discuss the common European response to the Great New Recession caused by the pandemic. Their agenda should comprise one, and only one, item: How to ensure that the necessary increase in public deficits will not show up in the fiscally stressed member-states’ national budgets, so as not to boost already non-viable public debt levels. If the EU Council fails in this task, the result will be massive, cruel austerity (e.g. pension and wage cuts, new taxes etc.) for the Europeans worst hit by the pandemic. Tragically, since the 9th April Eurogroup already killed off the necessary common, European response (i.e. Eurobonds), today, the true purpose of the
Topics:
Yanis Varoufakis considers the following as important: Campaigning, DiEM25, DiEM25's Covid-19 Policy Response, English, European Crisis
This could be interesting, too:
Later today, Thursday 23rd April, the EU Council will meet to discuss the common European response to the Great New Recession caused by the pandemic. Their agenda should comprise one, and only one, item: How to ensure that the necessary increase in public deficits will not show up in the fiscally stressed member-states’ national budgets, so as not to boost already non-viable public debt levels. If the EU Council fails in this task, the result will be massive, cruel austerity (e.g. pension and wage cuts, new taxes etc.) for the Europeans worst hit by the pandemic. Tragically, since the 9th April Eurogroup already killed off the necessary common, European response (i.e. Eurobonds), today, the true purpose of the
Topics:
Yanis Varoufakis considers the following as important: Campaigning, DiEM25, DiEM25's Covid-19 Policy Response, English, European Crisis
This could be interesting, too:
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