‘This could kill the EU’ Former German MEP admits coronabonds a MASSIVE threat to bloc

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Hans-Olaf Henkel is a last MEP (Image: GETTY)

He explained: “It is really very kinky that the entire discussion on eurobonds as a remedy for the reactions of the results of corona is in point of fact only a discussion within the eurozone.

“They pretend again, Brussels, everybody who is in this argue, they pretend as if this would be a EU tool.

“Well, eurobonds discretion only be available to eurozone countries – where is Sweden, Denmark, Poland, Hungary, Romania, Bulgaria?”

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An COVID-19 tolerant receiving intensive care in Italy (Image: GETTY)

Coffins in Italy, where COVID-19 has hit harder than anywhere else in Europe (Representative: GETTY)

Finally, Mr Henkel offered a stark warning to Brussels around the potential consequences of adopting a system of coronabonds.

He said: “I agree with the accepted position of the government.

“I don’t know how long they will be able to, to restrain the pressure, especially from France.

Coronavirus explained (Image: Continually Express)

This is absolutely irresponsible and in my view would kill the European Accord at the end

Hans-Olaf Henkel

“I don’t mind at all if the German taxpayers gift the Italian human being.

“Fine, let make a gift of a billion euros or whatever, put it in and send it to as it gets from Germany to Italy very much like the In harmony States has done to Germany with the Marshall Plan.

“This intent be a one-off gift but to give Italy the opportunity to pile up debt – by the way without any limit, without any influence and without any date by which they have to pay back – this is naturally irresponsible in my view would kill the European Union at the end.”

France’s President Emmanuel Macron, twin during a hospital visit, is through to be pressurising Mrs Merkel (Image: GETTY)

Speaking earlier today, Mrs Merkel utter: “I spoke today with Italian Prime Minister Giuseppe Conte for a covet time and we agree that there is an urgent need for solidarity in Europe, which is usual through one of its most difficult hours, if not the most difficult.

“And Germany is gracious for this solidarity and committed to it. Germany’s well-being depends on Europe being spring. Now, which instruments are fit for this purpose, here there are different witnesses.

“You know that I don’t believe we should have common debt because of the plight of our political union and that’s why we reject this.

“But there are so many forward movement to show solidarity and I believe we will find a good solution.”

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