Coronavirus: a huge debt crisis in Europe
In 2012, at the height of Italy's sovereign debt crisis, Mario Draghi saved the euro by saying that the European Central Bank (ECB) would do everything possible to save the euro. Today, when Italy is at the epicenter of the coronavirus pandemic, the strength of the euro will again be tested by the full-blown Italian crisis.
We can assume that for the sake of the Italian and world economy and despite the high financial costs, Europe will have the political will to do everything possible to save the euro. So we are waiting for the repetition of the scripts.
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