EU budget summit: A ‘Hamiltonian’ moment? Not quite
To muster these funds, the bloc will borrow against the financial markets, issuing E.U.-backed bonds for the first time. Calls for this collective pooling of debt obligations grew as it became clear that myriad European economies were about to be plunged into a potentially deep recession. Proponents of such measures liken them to Europe’s “Hamiltonian”…
https://annplus.com/eu-budget-summit-a-hamiltonian-moment-not-quite/
To muster these funds, the bloc will borrow against the financial markets, issuing E.U.-backed bonds for the first time. Calls for this collective pooling of debt obligations grew as it became clear that myriad European economies were about to be plunged into a potentially deep recession. Proponents of such measures liken them to Europe’s “Hamiltonian”…
https://annplus.com/eu-budget-summit-a-hamiltonian-moment-not-quite/