Emeritus Prof Christopher May @ChrisMayLA6@zirk.us
Public

Carlos Cuerpo (Spain's Economy, Trade & Business minister) thinks now is the time for the EU to develop a Euro-denominated public debt instrument - partly to allow for EU-wide funding of public goods and partly as a marker of EU-level sovereign fiscal power.

Its been talked about before, but Cuerpo may be right that now, in the face of the Court of the Tangerine Tyrant's reshaping of the global system, the time is right for this move...

Will the EU Commission agree?


h/t FT

Kermode @gemlog@tilde.zone
Quiet public

@ChrisMayLA6Emeritus Prof Christopher May Good! This follows on to that new credit card idea then?
Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun
europeanbusinessmagazine.com/b

mastercard

Europe's $24 Trillion Breakup With Visa and Mastercard

A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard

europeanbusinessmagazine.com · European Business Magazine

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