Next test for Dutch is whether Europe still needs an airline tax
The next test of strained relations between the Dutch and their EU neighbours, after the fortnight-long car crash of a negotiation that resulted in Thursday’s E500b rescue package for those worst hit by the Covid-19 pandemic, could well be over whether Europe still needs an airline tax. Amid bruised egos and battered solidarity, finance ministers finally agreed Thursday that the coronavirus aid will be paid as loans through the European Stability Mechanism (ESM) – rather than as “corona bonds”, which would have mutualised the debt across the bloc. The idea of sharing the debt in the form of one-off euro bonds was opposed by Germany, the Netherlands, Austria and Finland, though the Dutch were the most obstinate in their opposition, trading insults with Italy, Spain and Portugal as the deadlock deepened. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-04-15/general/next-test-for-dutch-is-whether-europe-still-needs-an-airline-tax
https://portal.staralliance.com/cms/logo.png
Next test for Dutch is whether Europe still needs an airline tax
The next test of strained relations between the Dutch and their EU neighbours, after the fortnight-long car crash of a negotiation that resulted in Thursday’s E500b rescue package for those worst hit by the Covid-19 pandemic, could well be over whether Europe still needs an airline tax. Amid bruised egos and battered solidarity, finance ministers finally agreed Thursday that the coronavirus aid will be paid as loans through the European Stability Mechanism (ESM) – rather than as “corona bonds”, which would have mutualised the debt across the bloc. The idea of sharing the debt in the form of one-off euro bonds was opposed by Germany, the Netherlands, Austria and Finland, though the Dutch were the most obstinate in their opposition, trading insults with Italy, Spain and Portugal as the deadlock deepened. <br/>
