Paolo Gentiloni on Coronavirus, Climate Change, EU Budget, Carbon Border Tax

The video discusses the economic impact of the coronavirus, emphasizing China's role and the need for updated forecasts. It covers climate change progress, focusing on financial tools for green transition and the carbon border tax. The EU's budget challenges post-UK exit are highlighted, stressing modern policies and rule of law. Finally, it addresses bank mergers in Europe, advocating for strong banking systems amid low interest rates.

What is the significance of the carbon border tax mentioned in the discussion?

What challenges are faced by European banks in the current economic environment?

What is the Commission's stance on the consolidation of banks in Europe?