‘coronabonds’ Could Bail Europe Out, Tie It Together

Like every other part of the world, Europe is facing an economic crisis, unleashed by a global pandemic. What’s unique in the region is how the crisis has led to a renewed push for a never-before-tried financial tool -- now aptly renamed “coronabonds.” While politically divisive, these pooled debt securities could help overcome one of the biggest hurdles faced by the European Union: how to drive more financial integration and risk-sharing across the continent.

Topics:  coronabonds while   european   union   europe   tie   crisis   financial   
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