Growing Momentum for EU Joint Borrowing, Cuerpo Tells Euronews
21 Articles
21 Articles
Spain's Cuerpo: 'Window Of Opportunity' For Joint EU Debt
Spanish Economy Minister Carlos Cuerpo said he sees a chance to revisit the idea of joint borrowing within the European Union, despite initial skepticism to a proposal he made on the subject this week from member states such as Germany and the Netherlands. Cuerpo made the comments in an exclusive interview with Bloomberg Television's Oliver Crook on Friday. (Source: Bloomberg)
The Iberian idea is to create an air bag of up to 850 billion a year. Exemption from the Energy Pact, but Brussels will assess the plans
French Minister of Economy Roland Lescure reacted to the Spanish proposal for joint European borrowings, while stressing the risks associated with moral hazard French Minister of Economy
Spanish Finance Minister Carlos Cuerpo presented a proposal to his eurozone counterparts on Thursday to establish a European borrowing mechanism, in which all 27 member states could participate on a voluntary basis. The plan stipulates that the EU would borrow on behalf of member states and then lend them the funds raised, thereby generating significant savings by taking advantage of the generally favorable interest rates Europe enjoys on the m…
To the Eurogroup the proposal of the Spanish government: new joint debt for 850 billion euros. Rome agrees, but the frugal raise the barricades
Spain has returned to the burden. It has raised the issue of about 850 billion euros in five years that serve to create a “safe asset” in the markets that capital that, following the reasoning of the Spanish Minister of Economy, Carlos Córdoba, would have the double virtue of strengthening the international role of the European currency and saving financial costs to the Member States. But the proposal has been coldly welcomed in the Eurogroup, t…
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