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FEBRUARY 11, 2026 AT 12:57 PM

ECB's Nagel (speaking in his capacity as Bundesbank head) says that new reality calls for more EU debt, Politico reports; sees the benefits of forming a common, European, highly liquid, Euro-wide benchmark safe asset.

Importance
Level 1
  • Adds, “European debt is not a free lunch. And doubts about fiscal sustainability should not jeopardize the chances for improved common policies,”
  • Nagel declined to provide a number on how much EU debt would be needed to create change.
Created: 04 / 30 / 2026 / 22:40Updated: 04 / 30 / 2026 / 22:40