EU Open to New Common Debt Issuance for Future Crises (eco.sapo.pt)
0xBASE INTEL BRIEF
- Commissioner Dombrovskis confirms possibility of joint debt issuance.
- References the COVID-19 pandemic precedent.
- Emphasizes the cost of such measures.
"The European Union does not rule out issuing common debt to tackle future crises, as it did during the COVID-19 pandemic, but warned it comes at a cost. EU Economy Commissioner Valdis Dombrovskis stated that a structured solution exists and can be used if necessary, even without specifying the exact type of crisis."
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