Posts tagged as joint borrowing

Lithuania’s former president: Without joint borrowing, the EU will ‘fall apart’

Tuesday, May 26, 2020

Lithuania’s former president Dalia Grybauskaitė has come forward in support of the French-German plan for joint EU borrowing and giving grants to member states worst-hit by the coronavirus crisis. The 500-billion-euro plan is necessary to prevent the EU from disintegrating and is a step towards deeper European integration, Grybauskaitė said, urging Lithuania to take part. Last week, French leader Emmanuel Macron and Germany’s Angela Merkel proposed that the EU borrow…