French President Macron Expressed Concern of the Collapse of the European Union
- Macron Warns Populists Could Win If EU Fails to Launch Common Fund: FT
by Michel Rose and Dominique Vidalon; Editing by Hugh Lawson, https://www.reuters.com/
PARIS (Reuters) – Populists will win “in Italy, in Spain, perhaps in France and elsewhere” if European countries do not launch a rescue fund that can issue joint debt to cope with the fallout of the coronavirus epidemic, French President Emmanuel Macron told the Financial Times. European countries have “no choice” but to set up a fund that “could issue common debt with a common guarantee”, he said.
– - Macron says crisis is EU ‘moment of truth’
by Australian Associated Press, https://www.canberratimes.com.au/
The EU is at “a moment of truth” amid the economic and health crisis triggered by the Covid-19 pandemic, French President Emmanuel Macron says. In a Financial Times interview published on Thursday, Macron called for solidarity in the European Union, urging reluctant northern members to band together and support Spain and Italy – where more than 40,000 people have died from Covid-19.
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“We are at a moment of truth, which is to decide whether the European Union is a political project or just a market project. I think it’s a political project … We need financial transfers and solidarity, if only so that Europe holds on,” Macron said.
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Macron has supported a plan for the EU to launch an emergency investment fund worth hundreds of billions of euros, and has called for an immediate moratorium on bilateral and multilateral debt payments to help Africa.
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The Financial Times reported the French president said the EU and the single currency would be threatened if richer members, namely Germany and the Netherlands, do not support measures to help the pandemic-stricken nations of southern Europe. The comments came after richer nations in the EU rejected the idea that their taxpayer money would pay the loans of poorer members. Macron also warned nations that abandoning democratic freedoms would pose a threat to western democracies.
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37 He shall regard neither the [a]God of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all. Click on image for article.
37 He shall regard neither the [a]God of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all.
37 He shall regard neither the [a]God of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all.
37 He shall regard neither the [a]God of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all.
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