Euro and single market

In this follow-up of the first German-Italian call for coordination and solidarity at the European level on dealing with the coronavirus crisis, several pro-European personalities call for a unified tax policy, and for curbing money laundering at the continent’s scale.

In this open letter to EU heads and national leaders, over 1,500 economists, academics, and professionals from all over Europe propose a series of urgent measures in response to the Covid-19 epidemic. They also demand that the EU create a common fund that would issue European securities called "European Renaissance Bonds" to help EU countries overcome the crisis.

As the coronavirus crisis spreads across Europe, there are increasing calls for greater coordination and solidarity at the European level. Here is the latest one, already signed by several European personalities. We support it, and invite you to sign it.

Calls have been coming from all sides for the EU to intervene in the COVID-19 crisis in the name of European solidarity. Although the Union has little room for manoeuvre in the public-health sphere, it can use the powerful lever of economic and monetary policy to counter the coming economic downturn.

In his latest book the American Nobel prize for ‘a smooth exit’ from the euro. Unfortunately, his stance reflects a deep misunderstanding of the realities of the old continent, says the editor-in-chief of Alternatives Economiques.