Nine countries including those worst hit, Spain and Italy, are pushing for the EU to ensure solidarity goes from words to financial actions. Paolo Gentiloni, the EU's economy commissioner told Euronews that "A no to solidarity at this moment would put in danger all our project." Gentiloni added that there are many tools to help the economy bounce back, including the possibility of using the European Stability Mechanism (ESM) to provide a conditional credit line to countries in need. There is less consensus regarding other measures such as the issuance of “corona bonds”, joint debt issued to EU countries. A group of countries are against such bonds, which seek to share the debt burden of paying for the coronavirus response and rebuilding economies afterwards. The EU has already loosened state aid rules as well as limits on public borrowing, allowing countries to spend more to save businesses in trouble. Whether Europe can bounce back and what shape the recovery will take depends on what actions Member States take individually and collectively in the days and weeks to come. While he admits that a recession is inevitable given the lockdowns in many countries, Commissioner Gentiloni believes that with the right measures “we can also have a strong bounce back after the recession.”