At Café de l’Europe, no corona(bond) on the menu

All European countries are affected by the coronavirus pandemic. To curb its spread, all of them have set up a confinement system. As a result, all European countries will suffer the most severe recession in their modern history. No country can durably restore normal living and working conditions if its neighbours are not out of the woods themselves. All in all, there is a strong argument in favour of coordinating health measures and fiscal policies. Europe is failing in both are...