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" ... Last week, Eurogroup’s finance ministers reached an agreement for a €540 billion recovery package through the European Stability Mechanism (ESM) to support those hit by the coronavirus crisis. This result was achieved after a series of failed attempts and bilateral contacts, as a group of countries including The Netherlands opposed the requests (made by Italy among others) of issuing so-called coronabonds. ... "
" ... These countries believe, in short, that coronabonds mark a huge step towards financial integration in the eurozone. And voters simply do not want their lawmakers picking up the bill for those people who simply share a currency. ... "
" ... called “coronabonds” to share the financial burden across the bloc. ... "