What are ‘corona bonds’ and how can they help revive the EU’s economy?

Euronews | Mar 26, 2020 at 5:59 PM
  • Called “corona bonds”, European leaders will today discuss whether they can help finance the fight against COVID-19 and the rebuilding of economies afterwards.8″.
  • Nine EU countries have been calling for such bonds to be issued EU-wide: Spain, Italy, France, Belgium, Luxembourg, Ireland, Portugal, Greece and Slovenia.
  • As obstacles to public debt have been lifted within the EU, Germany and France have issued important budget plans to protect their national economies, but other countries like Spain and Italy, despite being the hardest-hit by the virus, have not implemented such broad measures.