Italy is being told by the European Union and Germany that they will get zero economic assistance as a result of COVID-19.
RT:
Italy’s economy minister has clashed with European Commission chief Ursula von der Leyen after she said that the EU is not planning to issue ‘corona bonds’ to help countries decimated by Covid-19.
“The commission president’s words were a mistake and I regret that she made them,” Italian Economy Minister Roberto Gualtieri told reporters at a news conference on Saturday, stressing that Europe needs “a great Marshall Plan” to keep its economy afloat.
The historic Marshall Plan was a massive US-led economic aid package to rebuild Western Europe after the devastation of WWII. Italy proposed that Brussels issue so-called ‘corona bonds,’ a common debt instrument aimed at funding the response to the Covid-19 pandemic, which has made a significant dent in Europe’s economies by forcing businesses to shut down due to quarantine measures.
In an interview with DPA, von der Leyen did not rule out the idea of ‘corona bonds’ but said that they were “not the plan” the EU was working on. “The word corona bond is actually just a buzzword,” she said. The option was similarly dismissed by German Chancellor Angela Merkel, who said that creating ‘corona bonds’ was “not… the view of all EU countries.”
If their goal was to keep the EU together, this is certainly not going to help with that. Italy now has nothing to gain by remaining in the EU. The economic consequences from the country shutting down has already been devastating and we haven’t even seen the real fallout from it.
This is only going to increase the chances of Matteo Salvini becoming the next prime minister and fuel a popular push to leave the EU.
You are likely also to see an increasing number of Italians demand that something substantive is done about all the “refugee” niggers that have been let in. Poor Italians are going to have very little tolerance of these niggers especially if the government keeps giving these niggers free handouts while they’re struggling to put food on the table.
If anything, this coronavirus mass hysteria may rapidly reshape the political landscape all around the world in ways we couldn’t have imagined before. We’ll just have to see what happens.
