About: http://data.cimple.eu/news-article/a073a0d120af705a038cc567d33c09b964b01149e5f77a9ee6b60d2c

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About: http://data.cimple.eu/news-article/a073a0d120af705a038cc567d33c09b964b01149e5f77a9ee6b60d2c Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Nine EU countries, including France and Spain, on Wednesday called for eurozone countries to jointly issue debt in order to fight the devastating impact of the coronavirus outbreak. The idea of mutualised debt is a frequent request of heavily indebted EU nations and is championed by the European Central Bank, but it is seen as political poison in Germany and other rich northern members. "In particular, we need to work on a common debt instrument... to raise funds on the market on the same basis and to the benefits of all member states," said the letter, which was also signed by the leaders of Italy, Greece, Ireland, Belgium, Luxembourg, Slovenia and Portugal. France, Spain and Italy have long called for a some kind of eurobond, that is in effect joint borrowing by the 19 members of the euro single currency. They say it could serve as the bedrock of a safer and more unified European economy and would become a globally respected asset on par with the US Treasury bills that help make the dollar the world's reference currency. The leaders' request came after France backed Italy's demand for something called a "corona bond", an idea that Germany and the Netherlands have said is not necessary and have rejected. German Economy Minister Peter Altmaier on Tuesday angrily lashed out at such ideas as "ideological" and inappropriate for the problem at hand. Italy and Spain are the worst-hit countries by the virus outbreak and are both already burdened by a heavy load of public debt. arp/dc/spm
schema:headline	Nine EU leaders urge joint borrowing in Europe
schema:mentions	European Central Bank Member state of the European Union Bedrock Slovenia Eurozone 2020 coronavirus outbreak in Italy Luxembourg Urge (digital music service) Government debt Greece Dollar Belgium Poison Ireland Currency Netherlands Spain Corona Germany Italy European Union France Virus Portugal Heavy Load (band) Eurobond (external bond) United States Treasury security Anti-Revolutionary Party Peter Altmaier
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	86 (xsd:integer)

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