To avoid economic disaster, Europe must demonstrate financial solidarity Seven leading German economists call for €1 trillion of European crisis bonds.
NewStatesman, 30.03.2020, by Christoph Trebesch, Gabriel Felbermayr, Jens Südekum, Michael Hüther, Moritz Schularick, Peter Bofinger, Sebastian Dullien. As the coronavirus sweeps Europe and societies go into lockdown, the economies of the Eurozone are now confronted with simultaneous supply and demand shocks. As people stay at home, factories are producing less and consumers are...