
The EU’s existential crisis, averted with compromise, for today
The EU’s existential crisis, averted with compromise, for today
Since my contribution to the paper on 8 April ended with the EU facing a huge existential choice, to be resolved the following day, we should update the story. On 9 April a compromise was reached, as usual, as many Brussels old-timers would say. Finance ministers agreed on three measures mobilising €540 billion or about 3.6% of GDP:
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