Abstract
The long-term fiscal and economic damage of eurobonds in a rule-based fiscal architecture — as history corroborates — would be greater than the historical challenge of the coronavirus pandemic, unless there is a political union in Europe.
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Bodo Herzog, ESB Business School, Reutlingen, Germany.
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Herzog, B. Whither Coronabonds? The Past and Future of the EMU in the Coronavirus Pandemic. Intereconomics 55, 155–159 (2020). https://doi.org/10.1007/s10272-020-0887-z
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DOI: https://doi.org/10.1007/s10272-020-0887-z