For the European Union came the moment of truth

The European community must show solidarity to countries that suffered from outbreaks of coronavirus infection. For the EU, the moment of truth. This was stated by the President of France Emmanuel macron.

According to him, Europeans have to decide is whether the EU political and market project. Macron believes that the EU is a political project.

We need fiscal transfers and solidarity, at least in order for Europe to continue to hold on, — said the President of France in interview to the Financial Times.

Macron stressed that the EU should enter into force on considerations of solidarity, after which the economy can “go from there”. In his opinion, this will happen if the EU is a political project. Otherwise, populism will win in Italy, Spain, France and other countries.

The leader of France said that if EU countries do not help each other in times of crisis because of the pandemic, the reputation of enterprises in the future will suffer. Macron has called the global economic crisis a “huge anthropological shock” that will put an end to globalization.

NEWS.ru wrote that the EU leaders will hold a April 23, a videoconference, devoted to the recovery of the EU economy.

Previously, the European Council decided to spend all the remaining money from the EU budget for 2020 to fight the pandemic coronavirus.