The European Business Council for Africa

Calls for a new Marshall Plan reverberate across Europe today. From Spain’s Pedro Sanchez to the European Commission’s Ursula von der Leyen, leaders are urging Europeans to tackle the COVID-19 crisis with a bold new joint initiative.

Beyond the reference to Marshall, these proposals bear little resemblance to the massive US-financed program to reconstruct Europe after World War II. These “Marshall Plans” are not about an outside great power helping Europe; they are about Europe helping itself. However, these attempts to build solidarity among European Union members are a positive step away from the over- whelming inward-looking, nationalistic responses that marked the first weeks of countries’ responses to the pandemic.

You can read the full report here.