Shahin Vallée, researcher at the German Council on Foreign Relations (DGAP), explains in this Cosmocene interview how monetary mutualisation implies for Eurozone states to agree to a budget mutualisation. The time has come to do so in a context of economic crisis resulting from the COVID-19 epidemic. It is a matter of securing the future of the EU.

The 27 should agree on this principle, but if they do not manage to do so, a smaller group of countries, a « coalition of the willing », should be able to go ahead on its own for the time being.