EU Economic Spread of New Coronavirus Infection Reveals Cracks on April 9 7:39
EU = European Union has been discussing measures to address an economy that has been severely affected by the spread of the new coronavirus for 16 hours, but has been unable to find a compromise due to controversy over funding. Cracks between countries are highlighted.
Within the EU, countries are taking measures to curb outbreaks of the new coronavirus, such as going out of the country, which has severely affected the economy.
To address this, the EU will hold a meeting of the Eurozone Finance Ministers on Monday to discuss the existing framework for financing member countries with tight cash flows and the Eurozone to issue funds jointly by members of the Eurozone. And the issuance of “bonds”.
At the conference, members of the Nordic countries, such as the Netherlands, who were reluctant to take on debt, and those of southern European countries, such as Italy and Spain, who had sought strong support, confronted each other. I searched, but couldn't make it to the end over the terms of the loan.
After the meeting, Spanish ministers said, "This is a question for the future of the EU."
The EU has emphasized solidarity in responding to the new coronavirus, but cracks between countries have been highlighted again.