The EU response to the coronavirus crisis: How to get more bang for the buck

Autore : Massimo Bordignon, Guido Tabellini

Data: 14-05-2020

Tipo: Other

Tematica: Credit

Professor Bordignon and Professor Tabellini argue that the EU should be guided by the subsidiary principle when designing the common response to the new coronavirus. During this crisis, it means issuing very long-term debt. endowing the new EU Recovery Fund with genuinely own EU sources of revenue can be the right way to achieve such a goal.

This article was originally published by Voxeu.


Click here to read the article



Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

Herbert Hoover […]


Good health is essential to social and economical development and it empowers all of the public sectors.

World Health Organization […]


Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

Peter Drucker […]

Human Capital

Talent is a source from which water flows constantly renewed. But this source loses its value unless it is properly used.

Ludwig Wittgenstein […]