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The Debate

Who pays for it? Europe’s response to Covid-19 crisis

THE DEBATE
THE DEBATE © FRANCE 24

Is it already too late for the European Union to seize the initiative and prevent a repeat of the debt spiral triggered by the financial crisis in 2008? Former ECB president Jean-Claude Trichet and ex-Greek finance minister Yanis Varoufakis sharply disagree on whether there’s still time for the EU to reach a consensus and fill the global leadership vacuum in the face of the coronavirus pandemic. Ann Pettifor, co-founder of Jubilee 2000, argues that the best way out of the crisis is to put citizens to work at decent wages. 

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How to turn this crisis into an opportunity; to review our priorities, our way of doing business and the role of citizens and governments?

>> The Covid-19 recession: How bad, and for how long?

 

 

 

 

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