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Photo: Bloomberg
World

Draghi’s vision for EU renewal hits wall of German opposition

Published: September 17, 2024
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Tuesday, September 10, 2024
Year : 2, Issue: 36

Joint debt just isn’t on Germany’s agenda — irrespective of Mario Draghi’s warning that it’s the only way to make the European Union more competitive with China and the US.
The former Italian premier had barely finished presenting his long-awaited report on Monday about how to fix Europe’s ailing economy — with its centerpiece of common bond issuance — when Finance Minister Christian Lindner retorted that such an approach won’t solve the region’s structural problems.
Source: Bloomberg

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