August 4, 2020

Moncloa says the idea of ​​a Marshall Plan has had a positive reception in the European Council



Sources from the Palacio de la Moncloa have stressed that, at this meeting, Pedro Sánchez defends that the European Union must act now, sending a “forceful response to this unprecedented crisis”, and that all member states must face this impact together.

Sánchez sent a letter on Wednesday to the President of the European Council, Charles Michel, along with eight other European heads of state and government, asking that the EU issue ‘coronabonos’, European debt securities to stably finance health and economic policies. to deal with the epidemic.

That is what Spain, France, Italy, Greece, Portugal, Ireland, Luxembourg and Slovenia are demanding, but Germany, the Netherlands, Austria and Finland reject that route.

In their letter, the nine rulers also ask to explore “other tools, such as specific funding for what is related to the coronavirus, at least for the years 2020 and 2021, beyond what has already been announced by the Commission.”

The Spanish Government has explained that the European Council, which started at 4:00 p.m., is dedicated entirely to the coronavirus crisis, with several areas of interest, such as controlling the spread of the virus, the provision of medical resources, repatriations of European citizens and economic measures to face the socio-economic consequences of the pandemic.

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