Article 52E5Z EU should use perpetual bonds to finance Covid-19 recovery fund | George Soros

EU should use perpetual bonds to finance Covid-19 recovery fund | George Soros

by
George Soros
from on (#52E5Z)

Issue would be easiest, fastest and least costly way to establish fund needed to rebuild more than just members' economies


The European commission president, Ursula von der Leyen, has announced that Europe will need about a1tn (873bn) to fight the Covid-19 pandemic. This money could be used to establish a European recovery fund. But where will the money come from?

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