It should be a milestone on the way to a deeper Integration of the EU, but there is no progress: Because of the far apart lying positions for the Corona-aid plan, the EU is not expect quick agreement of the member States. “There’s still a lot of work will be to cope with, the starting points are unchanged different,” said Federal Finance Minister Olaf Scholz (SPD) recently. At the proposal of the EU Commission President Ursula von der Leyen, Germany still sees room for improvements. The EU Commission warned after a meeting of EU Finance Ministers to hurry.
help in the Corona-crisis
Von der Leyen had proposed at the end of may a Fund volume of 750 billion euros. To benefit the hardest by the pandemic-hit countries such as Italy and Spain. Two-thirds of the funding will flow as grants that do not need to be paid back, the Rest as loans.
A number of countries had already made it clear that they hold the Commission’s proposed scope for exaggeration. Also on the disbursement of funds in the Form of non-repayable grants, there is criticism. Austria, Denmark, Sweden, and the Netherlands only want to make loans. Other countries, however, are not pleased because they obtain, from their perspective, too little money.
Who of the helpers especially benefited
the First calculations already show that the country could benefit greatly from the AIDS. The “world reports” citing the EU Commission. Particularly strong especially the smaller countries would benefit, therefore, in Eastern Europe. It is important not to only look at the absolute amount, but also, how big is it in comparison to economic output (GDP) of the country and how a lot of the countries on the other side of the EU transfer. The following information is based, therefore, on the expected net-payments are:
- Italy: EUR 57 billion (3.2 percent of GDP)
- Spain: 82-billion-Euro (6.6 percent of GDP)
- Greece: EUR 33 billion (17.8 percent of GDP)
- Croatia: EUR 12 billion (22.4 percent of GDP)
- Bulgaria: 12-billion-Euro (19.3% of GDP)
- Latvia: EUR 3.5 billion (11.8 percent of GDP)
- Slovakia: EUR 10 billion (10.5 percent of GDP)
The EU heads of state and government want to summit your Video on the 19. June with the re-building Fund to deal with. Germany, the on 1. In July, the EU takes over the presidency, aims to reach an agreement until the end of July. ECB: First Inflation, then a new monetary order is coming – what the saver is in FOCUS ECB: First Inflation, then a new monetary order is coming – what is the for savers financial professional Marc Friedrich: Corona is called crisis is only the prelude to the great Crash of FOCUS Online financial professional Marc Friedrich: Corona was in crisis was only the prelude for the great Crash
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