Eurozone Covid debt fun

[Vanilla Gorilla]

"Governments’ responses to the pandemic will rack up €1.5tn of extra debt, pushing the eurozone’s sovereign debt above the size of the bloc’s economy this year for the first time. Many countries are running budget deficits above 10 per cent of gross domestic product, including Italy, France and Spain. Italy’s government debt is expected to rise from 135 per cent of GDP last year to almost 160 per cent in 2021. "

https://worldnewsera.com/news/finance/soaring-eurozone-government-debt-reignites-call-for-cancellation/

[Din Djarin]

What do you want to discuss here exactly? What's fun or remarkable about nation's debts increasing during the pandemic? Or about the EU specificly?

[Vanilla Gorilla]

What do you want to discuss here exactly? What's fun or remarkable about nation's debts increasing during the pandemic? Or about the EU specificly?

How are you going to fix it?

Keeping in mind 2021 will be twice as bad

[Din Djarin]

How are you going to fix it?

Keeping in mind 2021 will be twice as bad

Me? The EU? Or my country? I don't know, but my country has more reserves than most others, and I am fairly flexible. So our economy will probably recover slowly but steadily, just like the last crisis, and I will just abide

Did you make this thread for me specifically? :P