EU faces ‘existential threat’ if coronavirus recovery is uneven

Posted by on May 13, 2020 12:00 am
Categories: Global Stories

Economy commissioner Paolo Gentiloni says bloc needs a sound plan to avoid divisions

The risk of an uneven economic recovery from the coronavirus crisis poses an “existential threat” to the European Union, one of its most senior economic policymakers has said.

Paolo Gentiloni, a former Italian prime minister and now the EU’s economy commissioner, said the bloc also had a “historic opportunity” as it charts a plan to rescue Europe’s economy.

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