The economic consequences of the corona virus outbreak have an exceptional extent. In France, the first results of the Banque de France inquiries provide an estimation of the GDP fall during the 1^st quarter of 6%. The government is forecasting for the full year a recession with the same magnitude. Support measures in favor of enterprises and the increasing of health and unemployment compensation expenditures could generate a public deficit above 7% and public debt could overpass at the end of the year 120% of GDP under the cumulative effect of the contraction of the denominator and the increase ...

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When we are facing such a crisis, we need to find a responsible and even a guilty. Globalization looks like the favorite and it is not going to be without effects on “the days after”. The outbreak, as we can know it, was born in China, in one of the country industrial capitals, Wuhan, frequently nicknamed as the “Chinese Detroit”, so developed is its car industry. The outbreak, as also without being sure of it, expanded in Northern Italy and in Alsace because people, coming from the contaminated area, passed on the virus. Always through the mtrips of infected persons ...

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The failure of the meeting between the European leaders occurred on March 26th about the measures to be adopted to strengthen the solidarity between State-members and soften the economic consequences of the current outbreak shows to which point the European Union has not assessed the challenges to which it is confronted. So, it risks being one of the main victims. Germany and the Netherland have put their veto to the proposal of nine other States, among which are France, Italy, Spain, Belgium and even Luxemburg, to issue European bonds, the “corona bonds”, assigned to finance the countries which were the ...

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