European Covid-19 bond issue addressed budget loopholes – The Wall Street Journal

European Covid-19 bond issue addressed budget loopholes – The Wall Street Journal

The euro zone has always had a fundamental weakness compared to the United States in the face of financial and economic crises: if its 19 countries share an exchange rate and interest rate policy, they have no common power to raise taxes. or expenses. In 2020, the European Union took a big step forward to […]
The post European Covid-19 bond issue addressed budget loopholes – The Wall Street…

View On WordPress