‘We are in this together’ is a joint German-Italian appeal to the governments of all EU member states and to EU institutions. They promote European solidarity and demand four key actions:

‚1. The ECB has enacted important initial measures. We have to send clear signals to the financial markets that speculation against individual member states is pointless. We need a comprehensive financial protection shield for Europe and the Euro area.

2. This is not only the role of the monetary policy of the ECB but belongs also to democratic decisions in fiscal policy. All member states of the Eurozone must get reliable and long-term access to the low interest rate funding made possible by the ECB. Therefore, we support the immediate opening of a Health credit line in the ESM, with focused conditions to ensure that credits are used for well-defined categories of Health-related programmes, without any additional conditionality.

3. But we also need burden-sharing as the crisis hits all countries simultaneously and no single country is in this crisis because of bad economic or fiscal policy choices of the past, but because of a terrible pandemic. As we have entered this crisis together, we will only exit it well together. We need burden-sharing because some countries might otherwise run the risk of not being able to spend enough on health projects and a swift restart of economic activities. This would not only hurt the concerned country, but put the entire internal market at risk. We therefore call for the issuing of European Health Bonds with a clear and defined common objective and subject to jointly agreed guidelines. This would allow shouldering the burden together, in a democratic way.

4. The urgency is presently on fighting the Coronavirus pandemic and its immediate consequences. We should however start to prepare the measures necessary to get back to a good functioning of our societies and move to sustainable economic development, integrating inter alia the green transition and the digital transformation, and drawing all lessons from the crisis. This will require a coordinated exit strategy, a comprehensive recovery plan and unprecedented investment. We invite the President of the Commission and the President of the European Council, in cooperation with the European Parliament and in consultation with other institutions, especially the ECB and the EIB, to start work on an Action Plan to this end.‘

If you agree, sign their petition here:

‘We are in this together’ is a joint German-Italian appeal to the governments of all EU member states and to EU institutions. They promote European solidarity and demand four key actions:

1.          ‘The ECB has enacted important initial measures. We have to send clear signals to the financial markets that speculation against individual member states is pointless. We need a comprehensive financial protection shield for Europe and the Euro area.

2.          This is not only the role of the monetary policy of the ECB but belongs also to democratic decisions in fiscal policy. All member states of the Eurozone must get reliable and long-term access to the low interest rate funding made possible by the ECB. Therefore, we support the immediate opening of a Health credit line in the ESM, with focused conditions to ensure that credits are used for well-defined categories of Health-related programmes, without any additional conditionality.

3.          But we also need burden-sharing as the crisis hits all countries simultaneously and no single country is in this crisis because of bad economic or fiscal policy choices of the past, but because of a terrible pandemic. As we have entered this crisis together, we will only exit it well together. We need burden-sharing because some countries might otherwise run the risk of not being able to spend enough on health projects and a swift restart of economic activities. This would not only hurt the concerned country, but put the entire internal market at risk. We therefore call for the issuing of European Health Bonds with a clear and defined common objective and subject to jointly agreed guidelines. This would allow shouldering the burden together, in a democratic way.

4.          The urgency is presently on fighting the Coronavirus pandemic and its immediate consequences. We should however start to prepare the measures necessary to get back to a good functioning of our societies and move to sustainable economic development, integrating inter alia the green transition and the digital transformation, and drawing all lessons from the crisis. This will require a coordinated exit strategy, a comprehensive recovery plan and unprecedented investment. We invite the President of the Commission and the President of the European Council, in cooperation with the European Parliament and in consultation with other institutions, especially the ECB and the EIB, to start work on an Action Plan to this end.’

If you agree, sign their petition here:

‘We are in this together’ is a joint German-Italian appeal to the governments of all EU member states and to EU institutions. They promote European solidarity and demand four key actions:

1.          ‘The ECB has enacted important initial measures. We have to send clear signals to the financial markets that speculation against individual member states is pointless. We need a comprehensive financial protection shield for Europe and the Euro area.

2.          This is not only the role of the monetary policy of the ECB but belongs also to democratic decisions in fiscal policy. All member states of the Eurozone must get reliable and long-term access to the low interest rate funding made possible by the ECB. Therefore, we support the immediate opening of a Health credit line in the ESM, with focused conditions to ensure that credits are used for well-defined categories of Health-related programmes, without any additional conditionality.

3.          But we also need burden-sharing as the crisis hits all countries simultaneously and no single country is in this crisis because of bad economic or fiscal policy choices of the past, but because of a terrible pandemic. As we have entered this crisis together, we will only exit it well together. We need burden-sharing because some countries might otherwise run the risk of not being able to spend enough on health projects and a swift restart of economic activities. This would not only hurt the concerned country, but put the entire internal market at risk. We therefore call for the issuing of European Health Bonds with a clear and defined common objective and subject to jointly agreed guidelines. This would allow shouldering the burden together, in a democratic way.

4.          The urgency is presently on fighting the Coronavirus pandemic and its immediate consequences. We should however start to prepare the measures necessary to get back to a good functioning of our societies and move to sustainable economic development, integrating inter alia the green transition and the digital transformation, and drawing all lessons from the crisis. This will require a coordinated exit strategy, a comprehensive recovery plan and unprecedented investment. We invite the President of the Commission and the President of the European Council, in cooperation with the European Parliament and in consultation with other institutions, especially the ECB and the EIB, to start work on an Action Plan to this end.’

If you agree, sign their petition here: https://weareinthistogether.eu/petition/european-solidarity-now-in-the-interest-of-all-member-states/#story