Brexit news latest – EU’s total failure to handle covid crisis threatens bloc’s very existence, economic expert warns
THE EU’s calamitous handling of the coronavirus crisis and its vaccine rollout threatens the bloc’s future, an expert has warned.
Writing in Germany’s monthly Manager Magazin, top German economist Daniel Stelter said that the Europe’s handling of the coronavirus crisis “marks the accelerating decline of the EU”.
He added that European citizens are waking up to the idea that “the political class has failed across the board in meeting the enormous economic and social challenges of the Corona crisis”
Stelter condemned the EU for “throwing sand in our eyes” by lashing out at Britain after failing to secure enough vaccines for itself, which he blames on over-regulation and planned-economy control.
Saying the EU “validated Brexit” with its covid response, Stelter added “Everybody… now knows that whenever there is a problem at a production site in the EU, there is a risk of being hit with an export ban: vaccines today, biotech tomorrow, and the day after tomorrow what?”
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