Combating the Corona crisis (cepInput)
The economic consequences of the Corona crisis have raised doubts about the creditworthiness of some euro countries. A cepInput comments on the latest ECB bond purchases and gives recommendations on how to deal with the crisis in the euro zone.
According to cep, the recent ECB interventions in the Corona crisis are the result of a chain of political mistakes. Looking ahead, cep is in favour of activating the ESM credit lines and opposed to introducing corona bonds.