German Chancellor Angela Merkel doubled down on her country’s rejection of joint European Union (EU) debt issuance, or “coronabonds,” in comments to lawmakers in Berlin ahead of an EU leaders’ video summit. She argued that were was no time for such a measure, adding that each EU member state
So-called coronabonds are not the best way of shoring up Europe’s economy in the current Covid-19 crisis, says German Chancellor Angela Merkel following a protracted video call with her European Union counterparts, who are divided on the issue. Read also: UBA donates N5bn to fight Coronavirus in Africa “For me, the European Stability Mechanism (ESM) […]