analysesThe reaction to the Russia-Ukraine conflict
The hypothesis of a common financing of energy and defense expenditure strengthens the idea of a united Europe and highlights the role of fiscal policy
by Maximilian Cellino
A sudden movement, and perhaps not entirely expected: on the morning of Tuesday 8 March at the first indications of the new massive issues of Eurobonds to finance the extra expenses that the countries of the Old Continent will have to face for energy and defense due to the crisis between Russia and Ukraine the stock exchanges reanimate, but the spread between BTp and Bund is reduced in a perhaps unexpected way. In the afternoon, to the clarifications of the vice president of the EU Commission, Frans Timmermansstock lists …
