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dc.contributor.authorBÉNASSY-QUÉRÉ, Agnès
dc.contributor.authorBOOT, Arnoud
dc.contributor.authorFATÁS, Antonio
dc.contributor.authorFRATZSCHER, Marcel
dc.contributor.authorFUEST, Clemens
dc.contributor.authorGIAVAZZI, Francesco
dc.contributor.authorMARIMON, Ramon
dc.contributor.authorMARTIN, Philippe
dc.contributor.authorPISANI-FERRY, Jean
dc.contributor.authorREICHLIN, Lucrezia
dc.contributor.authorSCHOENMAKER, Dirk
dc.contributor.authorTELES, Pedro
dc.contributor.authorWEDER DI MAURO, Beatrice
dc.date.accessioned2020-03-27T12:51:47Z
dc.date.available2020-03-27T12:51:47Z
dc.date.issued2020
dc.identifier.urihttp://hdl.handle.net/1814/66681
dc.descriptionPublished on 21 March 2020en
dc.description.abstractIt is in the interest of every EU member state that countries in the Union hit by the coronavirus are able to take the necessary measures to control the pandemic and deal with the economic consequences without being constrained, and to do so very quickly. This column proposes a Covid credit line in the European Stability Mechanism, with allocation across member states proportionate to the severity of the public health and economic challenges encountered. While it would involve some coordination and solidarity among member states, the dedicated credit line would reduce risks to economic and financial stability for all while allowing members to sustain their efforts by making their borrowing costs less dependent on individual fiscal situations.en
dc.relation.ispartofseriesVOXEU Articleen
dc.relation.ispartofseries2020en
dc.relation.ispartofseries[RSCAS]en
dc.relation.ispartofseries[ECO]en
dc.relation.urihttps://voxeu.org/article/proposal-covid-credit-lineen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectCovid-19en
dc.subjectCOVID19en
dc.subjectCoronavirusen
dc.titleA proposal for a Covid credit line
dc.typeOtheren
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