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Opinion: The EU won’t let a good crisis go to waste
The Covid-19 crisis presented EU leaders with an opportunity to regain popularity by handing out billions of euros in aid. Doling out such huge sums is sure to weaken the market by emphasizing bureaucratic activity over competition and innovation. For now, the EU’s problems have been papered over, but when the bill for inefficiency comes due, it could be a tragic moment for the European project.