01 Viewpoint
Although the situation in the new coronary virus epidemic area in Europe has signs of improvement, it has been hit by the European economy for many months of isolation and city sealing measures. The euro zone economy has fallen 3.8%in the first three months.7.7%.To this end, the European Union has also sprinkled money to turn the tide with map strength, and has invested nearly 500 billion euros to the European Stable Fund to provide economic assistance for member states.However, the focus of countries still lies in the coronary bonds proposed by Italian Prime Minister Conte to uniformly issue bonds issued by the European Union to cope with the reconstruction of the epidemic.The wealthy country headed by Germany was strongly opposed, but recently, German Chancellor Merkel's re -re -re -re -re -re -re -issued statement issued a statement with French President Macron that it advocated the establishment of a recovery fund with a total amount of 500 billion euros, which surprised the outside world.
When the epidemic burst into the outbreak of the epidemic in early March, he asked for help from the EU but was unable to receive it. It had long caused the Italians to experience betrayal.At that time, the EU countries were politically politically, and there were chaos that closed the border and deducting medical medicines by themselves.Italy is also in serious shortages such as ventilator, mask, protective clothing, etc. Many elders shocked the whole country due to insufficient medical beds.In Italy, he seemed to help the European watch to help with his hands.The anti -EU popul party alliance party and brothers' party's hope rose straight, and the support has never been seen before.Faced with the Brexit of this Italy, the European Union also rushed to make up for the sheep. The EU Commission chairman Feng Delin also apologized to Italy sincerely and acknowledged that the EU has not played the watches of his brother Friends in the crisis.
However, in the reconstruction plan after the epidemic, Italy and other southern countries that were affected by the epidemic hoped that the European Union could take the role of more positive roles and proposed that the establishment of coronary bonds with the European Central Bank as a member of the members who cannot enter the capital market is 10 trillion euros.Debt, with the required funds that have been rebuilt after the epidemic, have also been supported by France, Belgium, Greece, Portugal, Spain, Ireland, Slovenia, and Luxembourg.The EU Secretary of the EU 27 also held a video conference for this, arguing that six bells still could not lobby the minds of Germany, He, Austria, and Finnish.Von Delin also called the Coronary Bond plan for unrealistic slogans. In the end, the Italian was disappointed again.
Loss of voters' interests greater than disadvantages
Since Germany had so strongly opposed the coronary bonds, why did it rashly propose a recovery fund with a total of 500 billion euros, allowing the European Commission to uniformly raise debt to the market to support the most serious economic reconstruction of member states such as Italy?At the beginning of the month of the German Federal Constitution Court, the European Central Bank's quantitative easing and debt -buying policy implemented by the European Central Bank violated German law's ruling in the competent assessment.Although the Federal Constitution Court stated that its decision was not applicable to the EU or the European Central Bank for the stimulus plan for the new crown pneumonia, the outside world believed that its ruling would still greatly reduce the monetary policy space of the European Central Bank to save the economy of the EU.On the contrary, the authority and reunification of the EU, the European Central Bank, and the EU courts are undoubtedly certain.
To this end, Merkel also had to cooperate with France to revise the legal issues pointed out by German courts on the basis of the 500 billion euros of recovery funds and provide sufficient reserves for the EU fund pool.And although the crown bond plan died, the financial difficulties in Italy, Spain and other countries were still severe.If Germany continues to ignore it, it will be difficult to protect another European debt crisis, and it will also drag down the largest economy in the euro area.In addition, this epidemic has once again aroused the contradiction between the EU's poor and rich members. If the differences between the north and the south cannot be narrowed, but the economic crisis has expanded, and it is unwilling to respond to the demands of members of Italy and other members.Obvious disadvantages to the EU's stable solidarity and long -term stability are greater than profit.Under the weighing pros and cons, Merkel advocated the recovery fund at the risk of some voters in the gains and losses, and expressed its visionary mature politicians.
The proposal of Germany and France has not officially drafted, and has been resisted by the four frugal countries Austria, the Netherlands, Sweden, and Denmark, questioning the wealth of wealth and poverty.However, in the past, the northern rich country's capabilities were linked to adhere to the fiscal conservative dogma because of Germany as a backing.At present, the EU's economic dual -nuclear morality is determined, and the opposition power of Olympic, He, Rui, and Dan has greatly reduced its power.However, the poor country in the south is not willing to pay a 500 billion yuan amount, hoping to increase the silver code.In the end, in the EU 27 countries, the situation or content of the plan to be introduced is still unknown, but it is likely that no party will be happy, but at least some results of European -style compromises.However, the deserves of the recovery fund to help the disadvantaged members. Only if the mats do not cut off and fall together, can the EU unite and get out of their faces in the adversity of the stormy waves.
