Dutch propose EU corona medical fund, will contribute up to €1bn
Dutch NewsThe Netherlands has proposed establishing an EU emergency fund to cover the immediate health costs associated with the coronavirus outbreak and, according to Trouw, is prepared to contribute around €1bn. The fund, prime minister Mark Rutte said during Wednesday’s debate in parliament, would be filled by contributions by member states and would be a ‘gift to those in need’ rather than a loan or a guarantee. ‘This country stands in solidarity with countries that are also hard hit, some even harder, including their economies,’ Rutte said. Eurobonds and using billions of euros from the European emergency fund ESM are a ‘no go’, Rutte has said, because this would conflict with EU treaties and national control of member state budgets. Italy’s prime minister Giuseppe Conte later told the Telegraaf that the relationship between the Netherlands and his country had not worsened, even though many Italians do not understand the Dutch apparent reluctance to accept a ‘strong, rigorous and effective’ European approach to the crisis.