A plan of economic health salvation for the coronavirus emergency (COVID-19), have to transact with the European "strongbox!"
Last my thread, I dealt with the subject of a "bonus" called Coronabond also if (ever I understand correctly) the real name is Eurobond, but due to different accesses denied by some States like Germany, this solution seems to be denied!
In sostitution of this, in order to guarantee aid to European health, as well as to economy itself, given the number of industries now stopped, maybe it could work the MES (in Italian = Movimento Salva Stati), internationally known as European Stability Mechanism.
But, this fund has determined countermeasures. Now, here I can't describe everything in detail, the risks that each state could incur if do not comply with the rules for returning money.
But if you know what happened a few years ago in Greece, where the "Troika" intervened (search for meaning on the web), perhaps you can surely think that this solution, could definitely not be really safe, but...
In fact, it has not yet been signed by countries like Italy. This because, the clauses must be clear!
Last my thread, I dealt with the subject of a "bonus" called Coronabond also if (ever I understand correctly) the real name is Eurobond, but due to different accesses denied by some States like Germany, this solution seems to be denied!
In sostitution of this, in order to guarantee aid to European health, as well as to economy itself, given the number of industries now stopped, maybe it could work the MES (in Italian = Movimento Salva Stati), internationally known as European Stability Mechanism.
But, this fund has determined countermeasures. Now, here I can't describe everything in detail, the risks that each state could incur if do not comply with the rules for returning money.
But if you know what happened a few years ago in Greece, where the "Troika" intervened (search for meaning on the web), perhaps you can surely think that this solution, could definitely not be really safe, but...
In fact, it has not yet been signed by countries like Italy. This because, the clauses must be clear!