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European Union Corona Bonds

The debt investment has been discussed and dismissed before as a possible measure to recover from the 2009–2012 European sovereign debt crisis, but the renamed ‘corona bonds’ have proved to be equally as divisive. The question of collectively issuing joint sovereign bonds on behalf of the Eurozone bloc, in order to help European countries recover economically from the COVID-19 pandemic, has been controversial in the European Union. Is this causing a European solidarity crisis ?

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