Berlin (dpa) - The EU currency commissioner Paolo Gentiloni has called on the EU heads of state and government to quickly agree on a reconstruction plan after the Corona crisis.
"What we have always warned about is now confirmed: the Covid recession threatens to tear the euro zone apart," says the Italian to the "world".
The new EU economic forecast shows that the corona crisis intensifies economic differences faster than expected. "The recession is deeper than expected and the countries in the euro area are developing even more economically than forecast in the spring," warned Gentiloni. But if the President-in-Office of the Council and Chancellor Angela Merkel pushed ahead with a compromise, "we can reach an agreement this month."
Gentiloni sees great interest in the SURE aid program, with which the Commission is providing EU countries with 100 billion euros in loans to finance short-time work programs. France, Germany and the Netherlands would probably not submit applications. But there are indications that two thirds of the member states wanted to use this program. "We have not set a key for the distribution of funds, but the 100 billion should be enough," said Gentiloni.
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