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The virus has so far hit Italy and Spain harder than any other EU state (Photo: Nacho Rascón)

'All options on table', says EU commission on coronabonds

The European Commission has not dismissed outright a stalled proposal to ease the economic fallout of the coronavirus on southern EU states.

On Monday (30 March), the European Commission's chief spokesperson Eric Mamer said "all options are on the table" - and that the future seven-year EU budget is being revised to reflect the new reality given the pandemic.

The plan, pushed by Rome last week and backed by eight other EU states, demanded the creation of so-called

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

The virus has so far hit Italy and Spain harder than any other EU state (Photo: Nacho Rascón)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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