EU coronavirus fund will cause 'resentment' says Swedish MEP

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The European Union could soon be left fending off "resentment" from across the bloc over plans to centralise efforts to help member states recover from the coronavirus pandemic, Swedish MEP Charlie Weimers forecast.

The European Union earlier this month agreed with great difficulty to pool efforts to help the worst-stricken member states recover from the coronavirus pandemic.

Brussels had the EU27 come together on a €750million (£675million) programme of grants and loans in a bid to restart the European economy. But eurosceptic Swedish MEP Charlie Weimers forecast the agreement is likely to foment widespread "resentment" in both countries paying out the most of the contributions and those receiving the biggest slice of the funds.

Mr Weimers said: "You now have taxpayers in countries like Sweden, Austria, the Netherlands, Denmark very frustrated about the fact they will now be bound until 2058 to pay grants to European economies where the politicians have not been responsible in terms of debt and in terms of economic management.

"You will have that frustration on the taxpayers’ side but you will also see frustration on the receiving end because what we saw with regard to the management of Greece during the eurocrisis was massive resentment against Brussels, against Germany for their demands from Greece at the time.

"And when we create a grant scheme where Brussels will put the rules on the management of southern European, central and eastern European economies, the citizens of those countries will also be resentful because they will feel like democracy has been hijacked."

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