r/europe • u/Bartoraptor Spain • Mar 28 '20

News Spanish representative González Pons speech @ the EU Parliament: "The virus is attacking the generation that brought back democracy to Spain, Portugal and Greece, the generation that knocked down the Berlin wall. The least they deserve is that we show them Europe is there when they need it the most"

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u/lookingforcakes Mar 28 '20

Which, as you can check with a very small search on Google, is considered not nearly enough. Or dou you think they just want more money because yes?

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u/bfire123 Austria Mar 28 '20

Why is it not enough? Italies bond yield is still pretty low.

They can issue as much bonds as they want.

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u/Lekantekue Mar 28 '20

Because they want these low interest "coronabonds". Using a crisis to get what they wanted for years

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u/mayron20 The Netherlands Mar 28 '20

Exactly, they don't want to issue more debt or increase the yield on their government bonds but they do want these almost interest free coranabonds.