The eurozone’s emergency plan to fight Covid-19 has unravelled within days.
Italy’s prime minister has rejected the central element of the €540bn package as a “trap”.
The fund is the core component of the package. But it is also toxic in Italy, widely deemed to be a tool of coercion and a Trojan Horse for a Troika regime under EU commissars.
The ball is now back in Germany’s court.
There is no legal mechanism in place. The process would take months.
Ambrose Evans-Pritchard, Telegraph 14 april 2020
Tysklands författingsdomstol
The fund is the core component of the package. But it is also toxic in Italy, widely deemed to be a tool of coercion and a Trojan Horse for a Troika regime under EU commissars.
The ball is now back in Germany’s court.
There is no legal mechanism in place. The process would take months.
Ambrose Evans-Pritchard, Telegraph 14 april 2020
Tysklands författingsdomstol
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