Nicola Fuchs-Schündeln's picture
Affiliation: 
Goethe University Frankfurt

Voting history

The Eurozone COVID-19 Crisis: EU Policy Options

Question 2: What is the best mechanism to pay for economic support provided by and to EU member states to combat the COVID-19 crisis?

Answer:
Expanded EU budget (with possible borrowing at the EU level)
Confidence level:
Confident
Comment:
It is important to use fiscal policy more actively in this crisis than in the financial crisis.

Question 1: What is the total size of funding that you would advocate at the EU level in support of its members to weather the COVID-19 crisis this year?

 

 

Answer:
5-10% of GDP
Confidence level:
Confident
Comment:
It is of course still unclear how deep the crisis will be. We will need to make sure, though, that it does not increase inequality across Europe.