About: eurobonds

Council seeks to narrow differences over COVID-19 recovery fund

EU leaders meet on Thursday (23 April) for the fourth time in seven weeks to narrow their differences on how to set up a recovery fund to counter the economic fallout of the COVID-19 crisis.

COVID-19: EU’s plan to save the economy

The European Commission estimates the economic impact of the coronavirus outbreak could be greater than the financial crisis in 2008. In order to keep the economy running, the EU executive introduced flexibility for funds and national expenditure, member states approved...

How to finance virus response in a sustainable way? Scale up synergies with the Green Deal

EU member states should not have to choose between financing the COVID-19 response, undertaking crucial long-term investments to tackle the climate crisis, and debt sustainability, write Irene Monasterolo and Ulrich Volz.

Italian papers slam ‘Ugly Europe’ over delayed economic plan

The failure of EU leaders to come up with a joint economic response to the coronavirus crisis unleashed widespread criticism in Italy on Friday, with newspapers slamming Europe's foot dragging.

France wants EU to win virus ‘communications battle’

European solidarity is being put to the test as some EU member states are not supporting the idea of 'corona bonds' and the EU's approach to communicating with the public about the crisis remains too discreet, according to Paris. EURACTIV France reports.

Germans and Dutch set to block EU ‘corona bonds’ at video summit

Germany and the Netherlands will lead opposition to issuing joint bonds to help revive the European Union economy from a deep slump caused by the coronavirus when the bloc's national leaders discuss emergency assistance on Thursday (26 March).

Nine member states ask for eurobonds to face coronavirus crisis

Nine eurozone countries sent a letter on Wednesday (25 March) to the President of the EU Council, Charles Michel, asking for a common debt instrument to mitigate the damage caused by the coronavirus crisis.

Germany and Netherlands ‘open’ to considering ‘coronabonds’ 

Germany and The Netherlands, two of the most staunch opponents to the idea of issuing common debt in the eurozone, would be “open” to discuss eurobonds to mitigate the economic impact of the coronavirus COVID-19.

Italian PM floats idea of ‘corona-bonds’ to restart EU economy

Giuseppe Conte, the Italian Prime Minister, urged EU leaders on Tuesday (17 March) to take extraordinary measures and consider issuing joint debt at EU level in order to help Europe's economy recover from the coronavirus crisis.

Juncker points the finger at Germany, Austria, Netherlands for impeding eurozone reform

The Netherlands, Austria "and all too often Germany" are preventing deeper euro zone integration, European Commission President Jean-Claude Juncker told German newspaper Handelsblatt.

Commission’s bond-backed product gets lukewarm reception

Financial representatives poured cold water on Thursday (24 May) on the European Commission’s proposal to create sovereign bond-backed securities (SBBS), insisting that not all the elements exist yet for a successful market for the product.

Commission’s Eurobond alternative still viewed with scepticism

The European Commission has said that the zero-risk weight of its forthcoming sovereign bond-backed securities proposal will be a ‘game changer’, but member states and the financial sector remain sceptical about how the new asset could work in practice.

Moscovici: Referendums not needed to deepen the eurozone

The European Commission backed alternative options to referendums in order to pass major changes needed to deepen the Economic and Monetary Union amid “broader questioning” about the single currency.

Schäuble insists EU treaty change now is ‘unrealistic’

Germany's Finance Minister Wolfgang Schäuble said on Tuesday (23 May) that it is "unrealistic" to consider changing European treaties at this stage, calling instead for incremental steps by national governments to move EU integration forward in specific areas.

Spain calls for deeper eurozone integration, pooled debt

Spain's conservative government has added its voice to calls for deeper integration in the eurozone, suggesting to Brussels in a paper that members of the bloc should pool some aspects of their debt management and share a budget to fight crisis shocks.

Commission confirms work on securitisation of EU sovereign bonds

European Commission Vice-President Valdis Dombrovskis said today (27 January) that the goal of setting up European Safe Assets is to reduce banks' exposure to sovereign debt.

Martin Schulz’s rapid rise from Brussels man to chancellor candidate

Martin Schulz is known in Germany mainly as a European politician and an ally of Chancellor Angela Merkel. But later this year they will face off in the country's leadership race. EURACTIV’s partner Der Tagesspiegel reports.

German constitutional court confirms complaint against ECB policy

Germany's Constitutional Court confirmed on Tuesday (17 May) it has received a complaint against the European Central Bank's monetary policy, as reported by the Welt am Sonntag newspaper at the weekend.

Italy wants EU bonds to fund refugee response

A common European Union policy to manage external borders and cope with the refugee crisis should be funded with common resources, including through the issuance of EU bonds, Italy said on Monday (22 February).

The Frankfurt Protocol: Calling for a new treaty for the eurozone

Faced with a series of unprecedented difficulties, the EU has little choice but to move forward swiftly to the next stage of integration. The way to do that is through treaty change, argues Anfrew Duff in his latest pamphlet 'The Frankfurt Protocol'.

A Europe of progress close to its people

Europe needs radical social reform, including a basic income, eurobonds and a financial transaction tax, argues Georges Dassis.

Moscovici: Eurozone must tackle ‘legacy debt’, have its own budget

Eurozone countries have to find a way to deal with the high public debt built up during 2008-2012, and which puts European economies on divergent tracks, EU Economic and Monetary Affairs Commissioner Pierre Moscovici said on Wednesday (6 May).

A solution for temporary debt mutualisation in the eurozone

The ECB’s Outright Monetary Transactions Programme (OMT) has offered welcome relief for many eurozone countries struggling with high debt levels. But the destruction of capital market discipline bears considerable risks, write Clemens Fuest and Friedrich Heinemann. To address this, the authors propose the introduction of a new form of junior government bonds, "accountability bonds".

Germany, France and Italy unite to boost EU growth

European Ministers in Germany, France and Italy have joined forces hoping to boost economic growth in the EU, mulling new financing instruments to realise their goals. EURACTIV Germany.