Page content
Eurobonds for European strategic autonomy: a financial proposal with geostrategic foundations
The structural transformation of the international order has created a historic window of opportunity enabling Europe simultaneously to strengthen its strategic autonomy and its financial sovereignty. This paper sets out an overarching proposal that blends two complementary contributions: first, a financial design for a profound and liquid Eurobond market originally devised by Olivier Blanchard and Ángel Ubide at the Peterson Institute for International Economics; and, secondly, a geostrategic analytical framework that shows why this instrument is not only appropriate but also indispensable for overcoming Europe’s institutional paralysis. […]