EU Leaders Clash Over Eurobond Proposal Amid Growing Support
EU Leaders Clash Over Eurobond Proposal Amid Growing Support
نقلاً عن The EU’s politically sensitive debate over eurobonds
News Brief: The debate over introducing eurobonds to fund EU investments intensifies as French President Macron faces opposition from German Chancellor Merz. Despite political sensitivities, the concept gains traction among economists and central bankers.
In February, French President Emmanuel Macron reignited discussions on establishing common European debt, proposing ‘future-focused eurobonds’ for strategic investments. German Chancellor Friedrich Merz opposed the idea, suggesting it be deferred to upcoming EU budget talks scheduled for March 19 in Brussels. While the proposal remains politically sensitive among the 27 member states, it is increasingly supported by central bankers and economists, who prefer the term ‘European safe assets.’ These assets aim to enhance the euro’s international role, especially as Europe seeks to fund significant investments in defense and technology. Notably, German central bank president Joachim Nagel advocates for joint European debt, emphasizing the need to attract external investors to bolster a more liquid market for safe European assets.
Original Source: www.lemonde.fr
