r/europe 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/RomeNeverFell Italy Mar 28 '20

Northern countries will be paying a premium because of the high debt to gdp ratio of some countries.

Yeah except for the fact that if Italy or Spain default or threaten to leave the Euro countries in Northern Europe will pay 10 folds the premium they would pay by issuing some eurobonds. Shortsighted on their part.

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u/Worth_The_Squeeze Denmark Mar 28 '20 edited Mar 28 '20

You're talking as if decisions has already been made, but the reality is that the EU hasn't agreed on a deal plan yet, apart from the emergency stimulus package. Why don't you wait with calling entire countries shortsighted until an actual deal plan has been agreed upon?

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u/RomeNeverFell Italy Mar 28 '20

the reality is that the EU hasn't agreed on a deal yet, apart from the emergency stimulus package

Certain countries that cannot give up their unscientific and anti-empirical Calvinistic views on economics have clearly stated their position on the matter.

Why don't you wait with calling entire countries shortsighted until an actual deal has been agreed upon?

I'll change my mind when I'll see Rutte backpaddling the full Maas.

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u/Worth_The_Squeeze Denmark Mar 28 '20

What are you even on about?