'Corona bonds' issue placed on the table

Nine European Union countries, including Greece, have requested in a letter to European Council President Charles Michel that the bloc issues a Eurobond to combat the economic impact of the coronavirus pandemic.

Apart from Prime Minister Kyriakos Mitsotakis, the letter was signed by French President Emmanuel Macron, Spanish Prime Minister Pedro Sanchez and the Prime Ministers of Italy, Portugal, Belgium, Ireland, Slovenia and Luxembourg.

The letter requesting the so-called "corona bonds" - a new debt instrument that would combine securities from different countries - came at the initiative of Italy and Spain. Greece was reportedly the last country in the South to join the initiative.

"We need to work on a common debt instrument issued by a European institution to raise funds on the market," said the letter dated Wednesday and before Thursday's third video...

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