Taoiseach Leo Varadkar has added his voice to a call for the EU to issue so-called "coronabonds" to help member states fight the economic fallout from the pandemic.
In a letter ahead of a virtual summit of EU leaders tomorrow, Ireland has joined eight other member states in calling for a "common debt instrument" that would "raise funds on the market" to "ensure stable long term financing" to help governments repair the economic damage done by the outbreak.
The common debt instrument, sometimes referred to as coronabonds, "should have sufficient size and long maturity to be fully efficient".
The letter is addressed to the President of the European Council Charles Michel and is co-signed by the French president Emmanuel Macron, as well as the