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The case for corona bonds. Eleven legal experts from different European countries argue in favour of European bonds to help with economic recovery. 10/04/2020

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Article

Goldmann, Matthias ; Hartwig, Matthias

Max Planck Institute of Societies, Cologne

MPIfG - Köln

2020

1 p.

epidemic disease ; economic recession ; economic policy ; financing ; EU policy

EU countries

Business economics

https://www.mpg.de/14677295/good-reasons-for-corona-bonds?c=14642203

English

"The coronavirus pandemic is likely to lead to a significant recession throughout Europe, with all countries spending more money than they can generate. In this situation, the subject of Eurobonds is being discussed again: joint debt instruments backed by eurozone governments. A group of law professors from five European countries have now drafted a proposal on how to design such bonds to ensure that all EU members could benefit."

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