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Solidarity (in)action: EU Commission head apologizes to Italy, pledges €100bn Covid-19 relief fund… which may not happen

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

The EU Commission chief apologized to Italy for the bloc’s sloppy coronavirus response, pledging €100 billion to help the hard-hit nation. But the help might never arrive, as mutualizing debt is opposed by EU fat cats.

“Today Europe is mobilizing alongside Italy. Unfortunately, this has not always been the case,” Ursula von der Leyen said in a letter published by Italy’s La Repubblica newspaper on Thursday.

It must be recognized that in the early days of the crisis, in the face of the need for a common European response, too many have thought only of their own home problems.

After apologizing for the inaction, however, the EU Commission chief proceeded to praising the ‘help’ provided to Italy by the bloc’s members. “In the past month, the European Commission has left no stone unturned to help Italy,” she insisted.The apology left Italian politicians unimpressed, as they urged the EU not only to talk, but to prove it is actually a union. Apparently, Rome did not notice the ‘help’ von der Leyen bragged about.“I believe that everyone will eventually realize even in those countries that a shared, orderly, strong and rapid European response is the only solution,” Italian Prime Minister Giuseppe Conte told the Spanish television La Sexta . “A slow response would be a useless response.”A similar response came from Matteo Salvini, head of the opposition League, Italy’s most popular political party. He took to Twitter to mock the apology from the EU bigwig.

Italy and Spain were offered to use European Stability Mechanism that grants conditional financial assistance to countries in dire financial straits, to which Salvini responded that he doesn’t want the Germans and the Dutch to “come to demand money from our children,” later, calling the ESM a “mortgage on the future of Italians.”

https://www.rt.com/news/484841-eu-apology-italy-coronavirus/

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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AMHants
AMHants
April 3, 2020

Guess Russia shamed them into having to use a bit of spin, to keep Italy sweet.

Love the videos of the Russian specialists getting down to work, over in Italy. They made you feel clean. Well till reading how your own Government were handling or more importantly, not handling things.

garrett wyse
garrett wyse
April 5, 2020

The tide is going out and we are finding out who has bathing shorts on. The EU clearly does not.

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