“We need a clear sign of European solidarity in the Corona of a pandemic. Germany is ready for it,” wrote foreign Minister Heiko Maas and Finance Minister Olaf Scholz (both SPD) in a joint submission for the Monday editions of five Newspapers in France, Germany, Greece, Italy, Portugal and Spain.
Euro-crisis Fund to help
Europe’s task is to give it is now, a “safety net margins for all EU member States, the need for more support”, emphasized the two Ministers. On the demand from Italy, France, Spain and other countries that the Euro countries are jointly taking on more debt in the Form of so-called Corona-Bonds, were Maas, and Scholz, however. Instead, they reaffirmed the Position of the Federal government, especially the Euro-crisis Fund, the ESM, should be used as an auxiliary instrument.
President of the Bundestag Wolfgang Schäuble and the President of the French national Assembly, Richard Ferrand, in favour of more European solidarity in the management of the Corona-crisis. In the EU, should be considered “new steps towards more solidarity and financial and political Integration,” wrote Schäuble and Ferrand, in a guest commentary in the “Frankfurter Allgemeine Zeitung” (FAZ) and the French newspaper “Les Echos”.
Corona-Bonds bump requested on refusal
both The President of Parliament to mobilise the European budget and the multiannual financial framework of the EU, the possibilities of the European investment Bank and the ESM, with “all necessary flexibility” and expand.
unlike the Federal government, France supported Corona-Bonds. Ex-Finance Minister Schäuble is one of the prominent opponents of a mutualisation of debt in the EU.
in addition to Germany, the Netherlands Corona reject Bonds so far, strictly. On Tuesday, the EU will advise the Minister of Finance, again via video conference, in which the Form of the Corona-crisis financial assistance have been paid out will be.
Maas, and Scholz doubt financial resources with “unnecessary conditions”
The French EU Commissioner for the internal market Thierry Breton and the Italian Commissioner for economic Affairs, Paolo Gentiloni, contribution for the “Frankfurter Allgemeine Zeitung” (Monday edition) used in a guest for the Corona-Bonds. They demanded a tax-financed Fund for long-term bonds hang up. The Fund, which would spend the so-called Corona-Bonds should be used exclusively for the economic development after the crisis.
The ESM, will offer now the possibility that the Euro countries put together, and the same favourable conditions in the capital, arguing against Maas, and Scholz. “For Italy it is 39 billion euros would mean fresh money for Spain 28 billion euros.”
Maas, and Scholz did not to make use of these financial resources to “unnecessary conditions”, “the would be a return to the austerity policy after the financial crisis, the same, and which led to unequal treatment of individual member States”. Normally, there is in the case of ESM loans, hard constraints and reform requirements to the borrower.
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“community of fate”. could emerge “stronger from the crisis,”
“We don’t need no Troika, no checkers, no Commission, the reform programmes for a country, but quick and accurate assistance That’s exactly what the ESM, if we develop him reasonably more,” said Maas, and Scholz. It also called for a guarantee Fund, which guarantees loans from the European investment Bank (EIB) to small and medium-sized companies, as well as for a European short-time working money. Both of these measures are already being discussed within the EU.
The Corona-pandemic, all European States “in front of the largest health, social and economic challenge since the founding of the European Union”, emphasized the two Ministers. If Europe is going now, but the right steps, going to the “community of destiny” of the European Union “to emerge stronger from the crisis”. The post was written for the Newspapers “Les Echos” (France), “La Stampa” (Italy), “El País” (Spain), Público (Portugal) and “Ta Nea” (Greece). Doctor warns of rubber gloves: “Hygienic mess on a large scale” FOCUS Online/Wochit doctor warns of rubber gloves: “Hygienic mess of major proportions”
frw/AFP
