Europe's Response to the Pandemic?

When we were hit by the pandemic, Europe reacted in a very decisive manner on the basis of unity and solidarity. I think that now this time around that we're faced with global challenges again, a war at the doorstep of Europe,. Whether that entails additional debt issuance or not, we will see. But in any case, we should act together in a decisive manner to tackle these challenges. We are meeting this work in the World Bank and IMF annual meetings. This is a very challenging and delicate point in time. The ECB has to address inflation. Fiscal space is limited. And if you go too far, the bond vigilantes may come in. Just look at what has happened to the