EU solidarity fund for covid 19

EU solidarity fund for covid 19

1. High demand but short supply.

In the wake of the Covid 19 pandemic, there is high demand for European solidarity, which brings back the haunting memories from the 2010 to 2015 eurozone sovereign debt crisis. It also brings back the 2015 to 2016 migration crisis. During this time, the supply of solidarity remained meagre at best. Within a concise period, the European institutions have come under siege. The suspension of movement was first enacted by Austria, followed by 21 other member states. The pandemic brought havoc to Victims from Italy and Spain to Germany and Netherlands, followed by the other countries. 

The spread of the disease exposed economic divergences. They had been hidden behind the veil in recent years of recovery.