Handelsblatt - Corona aid fund is a drop in the ocean

The EU Commission intends to mobilise 25 billion euros for members affected by corona damage. Lucas Guttenberg doubts that von der Leyen's aid fund will help.

EU Commission President Ursula von der Leyen stressed after the video conference with EU leaders on Tuesday that "all available resources will be used to help the economy". Lucas Guttenberg believes that the response to the economic consequences of the coronavirus is primarily the responsibility of the member states. The Commission does not have the money to be able to do much.

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Image: Reno Laithienne, Source: Unsplash