Berlin 27 May 2020 (GNP): Chancellor Angela Merkel downplayed a long-running dissertation in Germany last week when she unexpectedly outlined a plan to fund the recovery of the EU’s corona virus from the provision of joint loans.
The fight against this common denominator has been a surprising U-turn in recent years, but it felt like a dangerous political gamble.Merkel still faces some obstacles. The CDU’s most conservative group, known as the Value Union, has criticized the proposal. The group’s leader, Alexander Mitich, has called on German and European lawmakers to resist funding for the plan, calling it another step towards turning the EU into a “debt union” and a central state.