CIFE: What is a eurobond or a coronabond?
In response to the economic consequences of the new coronavirus pandemic, the European Union, the Eurogroup and the Member States have presented several proposals (European Stability Mechanism (ESM); European Investment Bank Plan, SURE, Marshall Plan, Eurobonds or Coronabonds). One of the controversial options is the issuing of Eurobonds or “coronabonds”. Laurent Baechler, Arnaud Leconte and Jean-Claude Vérez, all three economists […]
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