This Covid-19 crisis is unlike any other in its scale, Bruno Le Maire reiterated this Monday before the senators of the finance committee. And it is very likely that the traditional means available to States will not be enough to settle the bill. No doubt it will be necessary to have recourse to some original, not to say iconoclastic, means to finance the repair and reconstruction of national economies.
Secretary of State for Digital from 2014 to 2017, Axelle Lemaire is now a partner in the Roland Berger firm. "History is built on exceptional moments and the current moment of convulsion must be seized to launch an exceptional initiative ," says the Franco-Canadian. His idea, developed with two partners from his firm? Launch an investment and reconstruction fund for the Eurozone (Fire) of 1,000 billion euros, or 10% of GDP in the euro area and 20% of the ECB's balance sheet. This unique instrument would bring together
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