> people are being paid even when they can't work Not in Italy, for example, where a tiny fraction of people got 600 euro (minus tax) for the March period, and

> people are being paid even when they can't work Not in Italy, for example, where a tiny fraction of people got 600 euro (minus tax) for the March period, and for the rest there are loans that could be technically obtained and need to be repaid within 6 years (but the procedure is byzantine). And the government asked for "an act of love" from the banks (== give money without guarantees) instead of, say, act as guarantor (for the above-mentioned loans, there is some form of guarantee, but not everything). Also the EU fiscal policy has not changed in practice, so you can't go on a spending spree without facing the consequences later. I'm not surprised the GDP is expected to drop by 15%. Very tough times ahead.