Coronavirus tests Europe’s cohesion, alliances and even democracy
“And that just feeds Salvini,’’ said Charles Grant, director of the Centre for European Reform, referring to Matteo Salvini, the Italian far-right populist who is a sharp critic of immigration, globalization and the European Union itself.
Matters will get worse with the economic impact of the crisis, Mr. Grant said. “The euro crisis could return, because there are too many bad debts in banks,’’ especially in Italy, “and there is still no proper bank resolution regime and no eurozone deposit insurance.’’
The populists, he said, “will make hay with that.’’