Last week’s meeting of leaders was supposed to help, instead it turned out to be a complete car crash
Europe is being ravaged by the coronavirus pandemic. There have been more than 10,000 deaths in Italy. In the grimmest of league tables, Spain comes second. Normal life has been suspended across the continent and the hit to the economy is immense. France’s output is running at two-thirds of what it was last year. Germany has abandoned fiscal rectitude and – along with the rest – adopted a “whatever it takes” approach.
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