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Now is the time for Eurobonds: A specific proposal

Given the new geopolitical environment, there is wide agreement that Europe needs to achieve strategic autonomy. Autonomy has many dimensions. The most obvious today is military autonomy, building a solid European defense system. A less obvious one, but equally important, is achieving financial autonomy, creating a European financial ecosystem that can compete with that of the United States. And a necessary condition for such a system to function is to have at its base a deep and liquid Eurobond market. […]