A moment of truth for the EU

Business Daily

0:00
00:18:40
10
10

A moment of truth for the EU

Business Daily

A crunch meeting of EU leaders today aims to finally show Italy and others solidarity in the struggle against coronavirus. A plan is gaining momentum for the European Commission to raise a trillion-plus-euro fund to invest in the recovery of the European economy, something that could mark a major step towards federalism if it succeeds, but many fear could trigger the unravelling of the European project if it fails to win approval. Manuela Saragosa, herself half-Dutch and half-Italian, asks whether the plan can bridge the bitter divide between her two parent nations over how to handle the crisis. Dutch economist Esther Rijswijk says the Netherlands won't want to hand over money without conditions attached, but Italian MP Lorenzo Fioramonti says the very word "conditions" has become a taboo in an increasingly angry and euro-sceptical Italy. Meanwhile, one of the plan's co-authors, former Belgian Prime Minister Guy Verhofstadt, explains why he thinks he's come up with a solution that avoids the usual messy EU fudge. Producer: Laurence Knight (Picture: EU flag containing viruses instead of stars; Credit: muchomor/Getty Images)
Episodes
Date
Duration
Recommended episodes :

Meeting expectations

Business Daily

Business Weekly

Business Daily

A part-time return to the office?

Business Daily

The podcast Business Daily has been added to your home screen.

A crunch meeting of EU leaders today aims to finally show Italy and others solidarity in the struggle against coronavirus. A plan is gaining momentum for the European Commission to raise a trillion-plus-euro fund to invest in the recovery of the European economy, something that could mark a major step towards federalism if it succeeds, but many fear could trigger the unravelling of the European project if it fails to win approval. Manuela Saragosa, herself half-Dutch and half-Italian, asks whether the plan can bridge the bitter divide between her two parent nations over how to handle the crisis. Dutch economist Esther Rijswijk says the Netherlands won't want to hand over money without conditions attached, but Italian MP Lorenzo Fioramonti says the very word "conditions" has become a taboo in an increasingly angry and euro-sceptical Italy. Meanwhile, one of the plan's co-authors, former Belgian Prime Minister Guy Verhofstadt, explains why he thinks he's come up with a solution that avoids the usual messy EU fudge. Producer: Laurence Knight (Picture: EU flag containing viruses instead of stars; Credit: muchomor/Getty Images)
Subscribe Install Share
Business Daily

Thank you for your subscription

For a better experience, also consider installing the application.

Install