Germany's refusal to embrace 'coronabonds' amid the crisis could threaten the European Union's very survival
EU project in ‘mortal danger’ if Italy and Spain are abandoned
Jacques Delors, former Commission chief and euro godfather, who stepped back into the fray this weekend, denouncing Europe's paralysed response to the greatest crisis since the Second World War as a “mortal danger” to the European project.
Delors launched monetary union in the early 1990s on the implicit assumption that it would be the federalysing catalyst, leading – by means of crises – to full fiscal and political union.
Ambrose Evans-Pritchard, Telegraph 29 March 2020
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