Tomorrow the #Eurogroup will discuss additional macro-economic measures in response to the #COVID19. 3 main topics are in the agenda:
European Stability Mechanism vs Coronabonds
European Commission unemployment reinsurance scheme
European Investment Bank lending

Mutualising debt issuance among the 19 eurozone Member States is crucial to face the crisis and provide European countries with enough liquidity without endangering their debt position, at the same time it avoids tax hikes or other austerity measures in the future

The second-best option would be for the #eurogroup to mobilise the European Stability Mechanism facility to provide liquidity to European member states severely hit by #COVID19. It is crucial that the conditionality attached to the ESM facility is dropped.

#eurogroup is set to pass the Unemployment Risks in an Emergency (SURE) to support short-time work schemes. It is a good measure forward a more comprehensive European unemployment reinsurance scheme, that should be soon introduced to be ready to cope with future emergencies

Overall, resources must reach people in need, not the wealthiest individuals or polluting companies. #EU should develop a monitoring mechanism and promote MSs current best practices to ensure resources benefit the most vulnerable parts of the economy and the most affected workers