MNI BRIEF: Eurobonds Should Be NGEU 2 Option - Belgian FinMin
Belgium's finance minister and current Ecofin chair said Eurobonds should be considered for certain challenges.
Eurobonds should be one option considered to finance solutions to Europe’s current competitiveness challenges, Belgian Finance Minister Vincent Van Peteghem and chair of EU finance ministers’ meetings said Tuesday. (see MNI: Draghi Report To Call For Joint EU Borrowing - Sources)
“Over the coming years we will need to ask ourselves to what extent do we need more common European financing to tackle common prioriities and challenges. Clearly it will not be the only answer, but we should not shy away from a discussion on Eurobonds,” Van Pteghem told the European Parliament.
The minister said that a “thorough review” of the EU Recovery Fund would be presented next week which would allow for a “discussion on a possible follow-up instrument” to the NGEU programme.