Home Business News Italy warns ‘better to leave Brussels’ over Covid-19 handling

Italy warns ‘better to leave Brussels’ over Covid-19 handling

by LLB Reporter
14th Apr 20 4:01 pm

Italy warned on Tuesday that they could leave the EU over Brussels inability to deal with the coronavirus pandemic.

Brussels could be the next victim to coronavirus as Italian politicians insist it “would be better to leave Brussels” they have warned.

The EU economy is on the brink of falling into a recession since they were forced to initiate lockdown measure to control the spread of coronavirus.

Brussels have agreed a half a trillion euros to help the 27-nation EU economies.

Italian MEP Adinolfi said, “The EU response to the coronavirus crisis has been inadequate. It would be better to leave Brussels.

“If this is what the EU is about, perhaps it is better to collect signatures for the referendum to abandon Brussels.”

The Mayor of Stazzema in Tuscany Maurizio Verona, wrote to the German Chancellor Angela Merkel saying, “The next victim of COVID-19 will be Europe unless there is more solidarity between states.”

The former president of the European Research Council, Mauro Ferrari, said he was “disappointed” in the EU’s response to coronavirus.

He said, “I have been extremely disappointed by the European response to Covid-19, for what pertains to the complete absence of coordination of health care policies among member states, the recurrent opposition to cohesive financial support initiatives, the pervasive one-sided border closures, and the marginal scale of synergistic scientific initiatives.”

The Italian Prime Minister Giuseppe Conte warned the very future of the EU is at stake over Brussels response to the coronavirus pandemic.

Conte said, “We need an economic and social response at the European level.

“It’s a big challenge to the existence of Europe.

“If Europe fails to come up with a monetary and financial policy adequate for the biggest challenge since World War Two, not only Italians but European citizens will be deeply disappointed.

“If we do not seize the opportunity to put new life into the European project, the risk of failure is real.”

The world faces the worst decline since the 1930s depressions, and unemployment would hit 10%, and the government’s deficit could surge by over £200bn.

When the UK coronavirus wide lockdown was implemented on 23 March, bars, restaurants, shops and many businesses closed and sacked or furloughed staff.

The lockdown is costing businesses £2.4bn each day, and in just 22 days since the government announcement, has to date has cost a staggering £52.8bn.

The Chancellor Rishi Sunak has promised tax-payers unprecedented help and wants the lockdown lifted as early as 4 May.

Sunak has warned lockdown measures could crash GDP by 30% this quarter, and there are divisions in the Cabinet to ease the lockdown for economic reasons.

However, Whitehall sources have said there is no chance of restrictions being lifted this week, as ministers are in favour of delaying this for weeks.

Sunak has warned that the UK PLC could shrink by up to 30% with millions of jobs on the line in the coming months.

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