Sun. Mar 29th, 2020

“They are worried that the Italian debt will fall on them”



“They are worried that the Italian debt will fall on them,” said Garicano in an interview in ‘Las mornas de RNE’, collected by Europa Press, in which he called for solidarity among all the countries of the euro zone to assume the economic consequences of the Covid-19.

“As happened in the euro crisis, a north-south divide is taking place because the virus has started attacking southern countries. We have that same division again with the Netherlands and Germany saying that this is not the time,” he criticized.

In this line, the leader of the orange formation has maintained that the European Union must “breastfeed” in “economic matters”. “Removing the weight of this indebtedness from national debts and dealing with all of Europe would be essential to avoid that dead weight,” he explained.

“IN THE END THERE WILL BE A EUROPEAN SOLUTION”

Thus, Garicano has indicated that it would also be good “on a political level to demonstrate to the people that Europe is with them.” In his opinion, “in the end there will be a European solution” despite the reluctance of some of the countries that, today, “demand an old-fashioned plan”, in the style of a “rescue”.

“They want Italy to ask for help and that there is almost a Troika and conditions are put in place. Italy and Spain what they say is that it is not the time for the rescue, but rather for solidarity,” he said.

The President of the Spanish Government, Pedro Sánchez, defended on Wednesday those known as ‘coronabonos’ in a letter that was addressed to the President of the European Council, Charles Michel, together with the French President, Emmanuel Macron, and the Prime Ministers of Italy, Portugal, Belgium, Luxembourg, Slovenia, Ireland and Greece, on the eve of the European Council by videoconference that takes place this Thursday afternoon.

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