Recovery Fund: Zingaretti, lost and unconditional fund

 "A large majority of governments believe that, in order to achieve the objectives of cohesion and growth, the Fund must have a large endowment, partly on loan and partly on a non-repayable basis, in the medium term and without strict conditionalities. A result obtained thanks to the commitment of the Pse and the ministers of our family ", writes Nicola Zingaretti, secretary of the Democratic Party, to the President of the Pse, Sergei Stanishev. "For this reason, I believe it is essential that the PSE also reiterate the positions followed so far on the Recovery Fund, asking all parties in our family to support them."

The recovery fund "is a temporary tool and there will be a clear roadmap to repay this debt. We are talking about 20, 25 or even 30 years. This period must be long enough to be able to repay the debts without putting too much strain on the EU finances or growth. " The president of the Eurogroup Mario Centeno says it to Welt, answering the question that many in Germany fear that eurobonds will be introduced from the back door. On the growth of public debt in many countries, Centeno reassured: "It is temporary, it is part of a rapid and indispensable response in times of crisis. If we can protect workers and companies now, debt levels will drop again not as soon as the restrictions are lifted and growth will start again. Levels are likely to decrease already next year. Furthermore, we are not in 2008. Europe has stronger EU-level institutions, stronger banks, greater public finances and a position. balanced trade.