Europe’s Fiscal Antidote to Coronavirus Crisis Risks Deepening Economic Gaps

European governments have pledged hundreds of billions of euros to enable economies, companies and employees strike by the coronavirus, applying resources designed during the euro disaster and casting aside rigid prohibitions on condition subsidies.

The stimulus moves, which come on top of enhanced govt paying automatically triggered during a downturn, could enable fiscally audio international locations including Germany and the Netherlands to climate the increasing economic disaster. But it might not ease hardship for weaker international locations these as Italy whose…