If there was still a need for proof that the debate about a haircut for highly indebted euro countries is picking up steam: the European Parliament has delivered it.
Last week, Christine Lagarde, President of the European Central Bank (ECB), answered MEPs' questions.
It is a mandatory annual event, but what was new were calls for a European haircut, in which highly indebted EU states such as Greece and Italy would be completely or completely forgiven their bank debts.
"Ms. Lagarde, you must do everything that is necessary so that the euro zone does not become a debt zone and so that Europe does not plunge into a major existential debt crisis," said Greek Syriza MP Dimitrios Papadimoulis, who is also Vice-President of Parliament .
"The debts caused by the corona pandemic should be canceled."
The non-attached Italian MP Fabio Massimo Castaldo underlined this request: