Unified European crisis management needed | Business

The disastrous impact of the Covid-19 pandemic is pushing Europe towards an existential crossroads. In defining the measures to respond to the crisis, two opposite blocks are forming: the front of the southern countries (“South”) with larger public debts and weaker economic growth and the one of the northern countries (“North”) with accounts in order and significantly lower debt-to-GDP ratios. The former advocates for a more radical EU intervention and is asking for the…