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The COVID-19 Crisis Is Driving the EU to the Brink

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Tags Big GovernmentGlobal EconomyMoney and Banking

04/25/2020Philipp Bagus

As the debt bombs in Italy and Spain and France get worse, it increasingly looks like the eurozone will have to bail out a huge portion of the European economy. Either that, or break up the EU, provoking a new crisis.

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Original Article: "The COVID-19 Crisis Is Driving the EU to the Brink"

Note: The views expressed on are not necessarily those of the Mises Institute.

Contact Philipp Bagus

Philipp Bagus is professor at Universidad Rey Juan Carlos. He is a Fellow of the Mises Institute, an IREF Scholar, and the author of numerous books including In Defense of Deflation, The Tragedy of the Euro, and is coauthor of Blind Robbery! , Small States. Big Possibilities: Small states are simply better, and Deep Freeze: Iceland's Economic Collapse.

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