Money from our children: the Von der Leyen reforms of Italy requires

EU Commission President Ursula von der Leyen has spoken to the Italian government to the Conscience. If the country will get soon large sums of money from a pre

Money from our children: the Von der Leyen reforms of Italy requires

EU Commission President Ursula von der Leyen has spoken to the Italian government to the Conscience. If the country will get soon large sums of money from a predominantly debt-financed Corona-"re-construction Fund" of the EU, then it should continue the long-overdue reforms to the factory. In a video message to the participants of the Italian Prime Minister, Giuseppe Conte, convened a conference on the future of the CDU-politician said: "We, the EU, borrow money for the first Time to our children. So today's investments must bear fruit for our children.“ Von der Leyen added: "We are, as it is sometimes borrow our States deeds, money from our children, just for today, spend more."

The EU Commission had proposed the end of may, a debt-financed construction program in the amount of 750 billion euros in the next seven-year EU budget. Alone for Italy, about 173 billion euros are provided according to the proposal of the EU-authority. Two-thirds of the total, would receive the Land as a donation, only a third would have to pay it back. For the utility, the EU would have to spend for the first time in the context of their household long-term bonds on the capital markets.

Date Of Update: 13 June 2020, 15:19