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Coronavirus, European Parliament rejected Eurobonds amendment (with League votes)

the European Parliament has rejected a text on economic aid to be put in place against the coronavirus epidemic and which called for the use of eurobonds or in any case debt-mutualization systems. The amendment to the final resolution that will be voted on shortly had been tabled by the Greens; Lega and Forza Italia votes decisive for the rejection. The front of Italian parliamentarians has split: Pd, M5S and Brothers of Italy have voted in favor of Eurobonds. Numerous, immediately after the outcome of the vote, the mutual accusations between Italian parliamentary groups.


The text proposed to the assembly proposed a massive investment package for the recovery and reconstruction of the European economy after the crisis that goes beyond what the European Stability Mechanism, the European Investment Bank and the ECB are already doing. The green amendment entered specifically by trying to introduce a specific reference to the coronabonds, with these words: believes that in order to preserve the cohesion of the EU the integrity of its monetary union that a substantial portion of the debt that will be issued is mutualised to EU level. The amendment was rejected with 326 votes against, 282 s and 74 abstentions, with the Italian political forces (all of which until yesterday declared in favor of pooling the debt) who split.


The exchange of accusations between parties immediately started. It makes me angry, as an Italian, because with the votes of the League that amendment would have been approved and today we would have one more weapon on the negotiating tables. Salvini betrays Italy attacks Stefano Buffagni, of the M5s. The League’s reply entrusted to an official note from its MEPs: Once again, shameful exploitation by the M5s which, in order to divert attention from the disastrous choices of the Conte government in Italy and in Europe, takes it out on the League. We claim that we, unlike the M5s and Conte, have never been in favor of the Coronabond instrument, which would correspond to the total transfer of sovereignty to the EU.

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