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Time for a Corona Fund: How a Coalition of Willing Member States Can Shore Up the EU Economy
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Corporate Editor
Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V.
Abstract While the ECB has already taken bold steps, the EU member states need to support its efforts by committing to underwrite together some of the fiscal costs of the COVID-19 Pandemic. The best option would be to launch a Corona Fund with the power to mobilize 1 trillion EUR - support for such a fund nee... view more
While the ECB has already taken bold steps, the EU member states need to support its efforts by committing to underwrite together some of the fiscal costs of the COVID-19 Pandemic. The best option would be to launch a Corona Fund with the power to mobilize 1 trillion EUR - support for such a fund need not be unanimous.... view less
Keywords
epidemic; funding; EU; EU member state; promotion of economic development; economic policy; EU policy
Classification
European Politics
Economic Policy
Free Keywords
COVID-19; Coronavirus
Document language
English
Publication Year
2020
City
Berlin
Page/Pages
7 p.
Series
DGAP Policy Brief, 8
ISSN
2198-5936
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0