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EU Confronting’moment of truth’, States Macron Because he calls for Higher financial burden-sharing

French President Emmanuel Macron cautioned on Friday that the European Union is confronting”a moment of truth” using all the COVID-19 pandemic demonstrating the demand for increased solidarity between member nations.

Macron adapting himself with southern member countries such as Spain, Italy, and Portugal, telling the Financial Times paper there was”no option” but to allow the bloc to prepare a fund which”could matter common debt using a frequent warranty”.

These states have endorsed so-called coronabonds that would pool member countries’ debt however the strategy is compared with the so-called Frugal Five member countries including Germany, the Netherlands, and Austria.

“If we can not do so now, I inform you that the populists will triumph — today, tomorrow, the day later, in Italy, in Spain, possibly in France and everywhere,” he explained.

“It is clear because people will probably say’ What’s this fantastic journey which you [the EU] are supplying? These individuals will not protect you at a catastrophe, nor in its wake, they Don’t Have Any solidarity with you,'” he added

“They are capable of Europe as it signifies exporting to you the products that they produce. They are for Europe as it means getting your labor come over and create the auto components we no longer make in your home. But they are not for Europe as it means sharing the weight’,” he went on.

Macron’s latest remarks were published only a day after European Commission President Ursula von der Leyen issued a”heartfelt apology” into Italy within the bloc’s slow reaction to the health catastrophe.

The EU leader told Parliament that”too many weren’t there on time when Italy had a helping hand in the beginning” but the bloc had”become the planet’s beating heart of solidarity.”

Italy is Europe’s most-heavily affected country with over 22,000 deaths connected to COVID-19 reported from the nation — second only to the United States.

Last month, Prime Minister Guiseppe Conte had warned that the pandemic would break or make the European Union because Italy’s health system fought under the onslaught of deaths and cases.

“If Europe doesn’t reveal itself to be up for this endeavor, the entire European project risks losing its raison d’ĂȘtre in the view of our citizens,” he worried afterward.