ESM

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss how Italian senators have moved to strip Matteo Salvini of his parliamentary immunity.
Coming a day after Italy revealed it will need a massive bailout in order to save its crumbling economy, the popular Salvini, who was poised to become Italy’s next Prime Minister, could now face a trial for allegedly detaining migrants at sea last year, when he refused to let an NGO ship carrying scores of migrants dock at the Italian island of Lampedusa.

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the EU recovery plan which is preparing to create a trillion euro escape route from the Covid-19 pandemic.
The leaders of the 27 EU nations already agreed to a €540 billion rescue package. Italy and Spain, which stand second and third in Covid-19 cases and deaths, have the right to borrow from the bailout mechanism, but are reluctant to do so in fear that taking on more EU debt would bury southern Europe in never ending austerity programs.

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss German Chancellor Angela Merkel’s resurgence within the EU to once again dictate the financial policy amidst the Covid-19 economic lockdown and meltdown.
Merkel getting her way with an ESM rescue scheme may end up driving Italy out of the Eurozone, as the south European country is on the verge of a collapse, not capable of taking in more loans with austerity strings attached.

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the backlash in Italy over the recent Eurozone Covid-19 rescue deal that will plunge Italy back into EU austerity, saddled with unsustainable debt levels.

As economic aid from Brussels is debated and delayed, millions of Mediterraneans are already questioning the European project.
Francesco GIUBILEI
Since the birth of the European Union, there has been an intense debate about the possibility of creating a two-track Europe, divided between the Mediterranean nations and those of Northern Europe.