Europe’s response to the economic impact of Covid-19

EsadeEcPol Insight #4

Progress in the construction of Europe has always been made as a result of crises. At first, when faced with a threat affecting all or a considerable number of member states, governments usually respond by seeking solutions at the national level and tend to break ranks with European unity.

This type of strategy has, however, rarely been successful and when it becomes obvious that a problem exceeds the scope of the nation states, a “European solution” is finally implemented. This is how the EU has been built, amongst crises, improvisation and all-night meetings where agreements are reached without the signatories being fully aware of the consequences.