Monday, 24 February 2020

Coronavirus at the heart of Europe


It has been a crazy day in the financial markets. All of them were deeply in the red. The coronavirus outbreak in Italy is a little bit the straw that broke the camel’s back. Northern Italy is a wealthy region. It is very well connected to the heart of Europe. And that has generated some serious panic. Now, the response must be the opposite. To keep everyone, calm. To show that we have the means to circumscribe the outbreak. It is not an easy task. But that’s the role we expect the political authorities to play. So far, the Italians and their neighbours are playing the appropriate cards. Let’s hope they will keep doing it. If any of them decides to restrict the border crossings that will send a very negative signal to the public opinion.

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