Macron to the Financial Times: mutual fund on emergency or in Europe populism will win

2020-04-16T18:25:09.199Z

In an interview with the Financial Times, the French president, Emmanuel Macron, warned of a collapse of the European Union as a "political project" if it does not support the most affected economies, such as the Italian one, helping them to recover after the epidemic from coronavirus. Macron said he has ruled out any other choice other than creating a fund that "can issue common debt with a common guarantee" to finance member states according to their needs. "For Emmanuel Macron, the Union is faced with a "moment of truth", "if we don't do this today - he told the Financial Times speaking of mutual funds - I tell you that populists will win today, tomorrow, the day after tomorrow, in Italy, Spain, perhaps in France and elsewhere". The European Union "is a political project", he continued, "the human factor is the priority and there are notions of solidarity that come into play, economies must be consequent. and let's not forget that the economy is a moral science "" There cannot be a single market in which some are sacrificed, "said Macron," it is no longer possible to have non-mutualized financing for the expenses we make in the battle against the covid -19 and we will do for the economic recovery ", he added. It would be a historical mistake on the part of Europe to think that" those who made mistakes pay ", and remembered" the colossal, fatal error "that France made by imposing reparations to Germany after the great war, something that provoked the German populist reaction and the disaster that followed. "It is the mistake we did not repeat at the end of the Second World War - added Macron -. people are still talking about the Marshall Plan today. "The president from beyond the Alps to the British newspaper also entrusts a comment on the management of the virus in China which has made so much talk about the lack of timeliness of information" things have happened that we do not know "he said.