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ECB should give €2,000 to every European to beat Covid-19: Yanis Varoufakis (video)

The ECB should print €750bn to defeat Covid-19

Newsroom July 7 07:02

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The leader of DiEM24 party, Yanis Varoufakis suggested the best solution to overcome the economic crisis brought about by the Covid-19 pandemic in Europe would be for the ECB to print €750bn and transfer €2,000 in every European citizen’s bank acount.

He argued that such an action would boost liquidity and ensure the market could function properly until the pandemic was defeated.

 

“”The @ecb should print €750bn and put €2,000 in each person’s bank account — each month — until we defeat the virus. ” — @yanisvaroufakis

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Watch the whole DiEM TV episode ? https://t.co/AMBqsIG58F pic.twitter.com/uARe4QaVSr

— DiEM25 (@DiEM_25) July 6, 2020

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