“An option for the EU: blow up debt inside a bunker” By Sergio Baggiani, courtesy of IREF Debt mutualisation is an option to manage the expected rise of sovereign debt and the need for a greater supply of low-risk bonds. Yet, this option could run into political difficulties. European Bonds (details here, 2016) are […]
Tag: debt mutualization
Bitte nicht! Germany still opposes banking union
“Germany Remains Firmly Opposed to Banking Union” By Gordon Kerr, Cavin O’Driscoll and Enrico Colombatto, courtesy of IREF In November, Germany’s Finance Minister Olaf Scholz wrote an article in the Financial Times claiming that he had devised a common European Deposit Insurance Scheme (EDIS)[1] that could be acceptable to both sides of the hitherto […]