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EU Offering Loans


The much hailed European plan to pay out loans to governments struggling with the virus have collapsed!

Italy declared the offer - a trap - which would lock it into 25 years of debt.


To counter this Italy today announced that some shops will open to save the economy.


The European Union wants all European countries to stay locked down for longer and thus the worst hit will have to plead for loans.


Spain and Italy don’t want this.


https://www.theguardian.com/business/2020/apr/08/eurozone-fails-to-agree-on-540bn-coronavirus-rescue-plan

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