European Commission Vice
President Margrethe Vestager said Friday she was "deeply
concerned" about a north-south split in the EU on responding to
the coronavirus's economic impact.
"This a pandemic, it's a very different situation from
anything else," she told a small group of media outlets
including ANSA.
"We need an amnesty on the positions seen during the
financial crisis. We need a debate without taboos, to understand
what to do. We'll only emerge quickly from it if we help each
other, otherwise it will take longer with very serious social
consequences."
The EU is split between southern countries like Italy and
Spain which have called for 'coronabonds' and northern deficit
hawks like Germany, Netherlands and Finland which have ruled
them out.
Vestager added that it would take time for businesses to do
without State aid saying that aid of 2.24 trillion euros in
national measures was "temporary because we aim to return to a
single market without fragmentation, where businesses compete on
the basis of merit. But it'll take time".
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