Coronabonds

Europe could still emerge from the pandemic crisis sustainably positioned and strengthened, but only if the Franco-German tandem works. The plans for a reconstruction fund of 500 billion euros mark a turnaround in the right direction.

At the beginning of 2020 it looked as if the Greek economy would recover with above average growth from 10 years of financial crisis.The corona pandemic has shattered these prospects. Greek society is now hoping for support from the German Council Presidency.

The disappointment in Italian society in relation to the EU at the beginning of the corona crisis has now changed to confidence. Now the expectations of financial solidarity are particularly directed towards the forthcoming German EU Presidency.

Europe and European politics do not currently play a central role in the social debate in Spain. This makes it all the more important for Europe to come up with clear proposals to overcome the crisis.

For the highly indebted developing countries, the corona pandemic accelerates the debt crisis. An interview with Barbara Unmüßig from the Board of the Heinrich Böll Foundation about the latest developments.