Trial and error was also observed in the great financial crisis that devastated Europe a decade ago. As soon as the first signs of a public debt crisis emerged inside the Euro area, the parade of bad ideas began.
This bold and ambitious EU plan must open a new era of coordination and solidarity in the history of European integration.
After failing the promise of prosperity in the aftermath of 2008, failure to contain the virus or mitigate its social and economic impacts may broaden the populist far-right’s potential electorate.
Will this crisis offer a momentum for the – non-nostalgic – revival of what is the essence of Social Democratic, Socialist and progressive policies?
COVID-19 consequences may well accelerate the dynamics if not tip outright the balance from one international order to another one.
The most terrible health emergency since WWII will leave deep scars, on people, on the economy, but most of all on the intellectual myths on which the EU has been built.