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Europe Can Get Stronger by Pooling Its Debt

European taxpayers are losing almost €70 million ($80 million) every day. That is the cost of each nation issuing its own debt, compared with what Europe could save with a common safe asset at full scale. It is money that could otherwise be spent on making the continent more competitive.

Europe Can Get Stronger by Pooling Its Debt

European taxpayers are losing almost €70 million ($80 million) every day. That is the cost of each nation issuing its own debt, compared with what Europe could save with a common safe asset at full scale. It is money that could otherwise be spent on making the continent more competitive.

Finance Bloomberg Jul 9, 2026

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