Es sei an der Zeit, Berlin von der EU-Verschuldung zu überzeugen, sagt der Chef der griechischen Zentralbank
https://www.politico.eu/article/from-lone-voice-to-ecb-consensus-greek-central-bank-plans-to-convince-berlin-next/
Von FantasticQuartet
Es sei an der Zeit, Berlin von der EU-Verschuldung zu überzeugen, sagt der Chef der griechischen Zentralbank
https://www.politico.eu/article/from-lone-voice-to-ecb-consensus-greek-central-bank-plans-to-convince-berlin-next/
Von FantasticQuartet
21 Kommentare
If you told me in 2015 that in 2026 the Greek Central Banker would be lecturing Berlin on how to run a proper fiscal policy and invest for growth, I would have laughed in your face.
But here we are! Greece is outgrowing Germany, paying down debt, and Stournaras is basically saying: ‘Hans, you need to spend money to make money.’ The simulation is glitching 😄
As if not enough money is the cause of our problems. We just waist what we have everywhere and just getting more will result in waisting just more money.
Once they move on this line it’ll become normal. The EU should not share debt.
I’m for it, but only if it’s for pan European projects, not national ones.
Taking debt to build power lines connecting multiple generation sites to add resilience and bring costs down is a good investment and southern countries can help power Northern ones.
Same goes for defense. Commiting to a typical load out can give economies of scale, every country can pitch in production and would benefit from procurement.
It might happen one day but only in a framework of common fiscal policies. „Pressure“ from countries like Greek will be counterproductive in the public debate.
Yes, but with a proper Fiscal Union as well.
Everyone has to swallow their pride and meet in the middle.
European debt for european spending. Not busting each other out. You want that? Federalize!
EU debt is necessary but ONLY for specific EU expenses like a common defense.
I’m french and against it. Don’t give us a way to get more debt. We must stop wasting and stealing public funds
PIGS agree!
Sure, how about this:
_Every member country can take up new common EU debt as long as their resulting combined national and EU debt stays below the EU mandated debt to GDP ratio limit._
I think that is totally fair. Allows countries to utilize the low interest rates of common debt while disincentivizing just taking up ridiculous amounts of common debt and then defaulting, knowing that this means the other members are legally bound to pay it.
The greek..Sure …
What if we just freaking federalize instead?
Agreed, but only for pan-european projects, like EU defense and inter-eu transportation.
Guys, this is a rage bait article by Politico, there is no need for infighting between us.
The whole point of these articles is to divide us…
Oh they **love** debt, you just have to call it something else.
If Greece asked it to Germany they will obey immediately (well, no,they are not, lol)
Sure the countries who have a history of financial irresponsibility and are drowning in debt are all for it.
Funny Greek, wants to take more debt….. But yes as Europe for European projects, This would make sense. But not for national projects.
😂
I’m all for it, but I’d say European debt needs to be reserved for European projects. Large scale infrastructure projects, decarbonization efforts, ESA missions, EU-wide defense initiatives, etc.
This would also insentivise states to think on an EU level to get support for projects they might struggle to afford individually.
However, I don’t think European debt is there to allow countries that spend beyond their means to have an easy out, or to buy Orban’s cousin twice removed a second mansion. European debt shouldn’t be used to navigate around debt problems stemming from spending on a national level.