*[Enwl-eng] European Prime Ministers, don't back off!

[ENWL]

      Millions have lost their livelihoods and many more will follow as coronavirus-generated recession hits. Ask our leaders to demand solidarity to manage the increased debt! We need to respond to the crisis before EU negotiations on Tuesday. 

      Take action now! 
Hi,

My brother was sent a letter last week: he’s lost his job as the company he worked for is out of business due to the coronavirus crisis. Luckily he has me: I will support him - our parent’s pension isn’t enough.

My family is not the only one: millions in Spain, Italy and across Europe have already fallen below the poverty line. Many more will soon follow - and not everyone has a relative who can help.

To prop up an economy destroyed by the virus, governments will have to spend billions - which they’ll have to borrow. But access to borrowing is not equal for all: countries that face high-interest rates won’t be able to afford borrowing, and will have to abandon millions of people in devastating economic situations.

Nine countries, including France, Italy and Spain are proposing a solution: coronabonds. Basically, pooling the debt of EU countries together, to reduce the difference in the interest rates each country pays on their national debt - so that everyone can borrow. But four leaders are against the idea, including Prime Ministers Rutte in the Netherlands and Merkel in Germany. [1]

There is a chance for us to get through to them. Next Tuesday, EU governments will meet in an extraordinary summit. In this moment of crisis, big change is possible and public pressure is needed right now so all the European ministers stand strong behind the proposal. Sign now and we will deliver our message before they meet.

            Tell Charles Michel we expect united action! 
     

Across Europe, states and people are all facing losses of life, jobs and income but some communities have been more affected by coronavirus infections and death than others.

Those most affected have seen their healthcare systems stretched beyond their limits, and have been forced to stop all economic activity in order to save lives. It’s not a coincidence that the most affected communities are also those where austerity was more savagely applied in the recent past.

In these circumstances, borrowing to save lives and livelihoods is vital. We need to make it possible. Coronabonds are the solution. But last week European heads of state could not come to an agreement, and time is running out.

This Tuesday we need them to find common ground. We are in this crisis together and we can only come out of it by working together. We must learn from our common history: it’s when we show solidarity and work together that we do best. When EU governments meet, the President of the European Council, Charles Michel, must know Europeans want equal borrowing for all countries so that people across Europe have an equal chance to come out the other end of this crisis.

            Ask European governments to take action! 
     

People in Europe are showing so much solidarity: from supporting vulnerable neighbours with shopping and other chores to expressing solidarity from balconies. People are playing their part, our governments must do that too.

In solidarity,
Virginia and the entire WeMove Europe team 



PS: European leaders got the response to the 2010 crisis wrong, spending trillions of public money on bailing out banks. Let's make sure they get it right this time and spend money on people. Sign now for a bold plan to lift Europe out of economic recession.



[1] Belgium, France, Italy, Luxembourg, Spain, Portugal, Greece, Slovenia and Ireland are in favour of coronabonds, whereas Germany, the Netherlands, Austria and Finland are against. https://www.politico.eu/article/virtual-summit-real-acrimony-eu-leaders-clash-over-corona-bonds/ 



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From: Virginia - WeMove Europe 
Sent: Sunday, April 05, 2020 1:01 PM
Subject: European Prime Ministers, don't back off!



 
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