Up next


MACRON & MERKEL cook up 500 BILLION EU rescue scam

4 Views
The Duran
45
Published on 21 May 2020 / In News

The Duran Quick Take: Episode 555.

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the €500 billion European Recovery fund cooked up by Angela Merkel and Emmanuel Macron.

The fund proposes the EU borrows on the financial markets in order to disperse 500 billion euros through grants to EU economies hit by the Covid-19 pandemic. EU member states receiving the funds would theoretically not need to repay the cash, instead liability for the debt would be added to the EU budget, which would eventually be paid for by EU citizens in the form of additional taxation.

If accepted by the other 25 EU member states, this would be a significant move towards a level of burden-sharing and fiscal transfers firmly opposed by Germany, the Netherlands, Austria and other member states. The European commission would borrow the money under the EU’s name.

See: Blain's Morning Porridge - May 19 2020 - Yoorp Kicks The Can
https://morningporridge.com/th....e-morning-porridge/f

#Macron #Merkel #EU #TheDuran

The Patriot Beacon
#1 Tactical Flashlight on the Market
Link: https://www.patrioticlegacy.co....m/product/patriot-fl
Coupon code: Duran20

***
The Duran - http://theduran.com
THE DURAN SHOP - Official merchandise - http://drnshop.com
FREE SPEECH:
FOLLOW The Duran on BLANKCHAT: https://blankchat.com/TheDuran
JOIN US ON TELEGRAM: https://t.me/thedurancom

JOIN THE COMMUNITY - DURAN VIDEO: http://duranvideo.com/
BITCHUTE: https://www.bitchute.com/theduran/

DONATE: https://paypal.me/theduran/10
SUBSCRIBE STAR: https://subscribestar.com/theduran
PATREON: https://patreon.com/theduran

INSTAGRAM: theduran_com
https://instagram.com/theduran_com

AUDIO PODCASTS:
iTunes:
https://itunes.apple.com/us/po....dcast/the-duran-podc
Soundcloud:
https://soundcloud.com/user-901836666

SOCIAL:
Gab: https://gab.ai/TheDuran
Minds: https://minds.com/theduran
Facebook: https://facebook.com/thedurancom
Twitter: https://twitter.com/theduran_com

End Music by Luke Mayernik: https://www.lukemmusic.com

Show more
1 Comments sort Sort By

Show more

Up next