EU leaders divide up 1.8 trillion euro bailout fund. What could go wrong?

The European Union, like so much of the world these days, seems constantly to be staring into the abyss. Its latest “crisis” summit – the umpteenth by my reckoning, but I may be underestimating the number – is charged with nothing less than the collection and allocation of around 1.75 trillion euros (£1.6 trillion), first to keep the show on the road for the next seven years and, and secondly to prop up those countries and economies worst hit by the coronavirus.