Decades

Joint liability bonds for a joint European defense against the pandemic

The problem. Mitigating the impact of the Covid-19 pandemic will require a significant increase in public spending to rescue sinking economies and further shield health systems. At the same time, tax revenues will be collapsing as long as economic activity remains suppressed. Budget deficits will inevitably swell, leading to soaring public debt.

Serbia Pins Coronavirus Blame on Returning Serbs ‘Concealing Infection’

Vucic urged those Serbs who had left to return "to their ancestral homes and build a future here," promising special incentives to bring them back and help tackle the demographic crisis afflicting Serbia and much of the rest of Central and Eastern Europe.

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