VILNIUS – Lithuanian President Gitanas Nauseda opposes the idea of the euro area countries jointly issuing debt – the so-called coronabonds – during the coronavirus crisis.
“I am actually more inclined to be skeptical about this instrument and in favor of looking for other possibilities to help the countries in distress,” he said at a news conference on Monday, when asked by a BNS reporter about his view on the new type of debt instrument.
The push for mutualized euro area debt is led by Southern European countries, such as...
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