Coronabonds

When the facade of a 'slowly but surely' approach results in a missed opportunityIn an editorial published on 12 April 2020, the Institut Rousseau warned of the illusions and delusions surrounding the idea – which was on everyone's lips at the time – of 'coronabonds' and a European funding mechanism. We wrote: "the main benefit of eurobonds ... would be to add a budgetary funding capacity exceeding that of all [EU] Member States taken individually. This means assuming that the whole is more than the sum of its parts, and that more investments would be allowed in ...
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