How Europe has mishandled the pandemic | Curio

How Europe has mishandled the pandemic

8 mins | Apr 7, 2021

What does it mean for the union? "This lack of urgency is a symptom of a much bigger problem: the neglect of the underlying health of Europe’s economies. Even with its new money, the EU budget will account for just 2% of GDP in the next seven-year fiscal period. At the national level, where governments typically spend about 40% of GDP, Europeans have been culpably overcautious."

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From The Economist