Europe’s best bet for financial sovereignty is a true safe asset
EU-issued bonds would attract long-term capital, reduce financing costs and unlock strategic autonomy
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Europe needs to tackle a home bias of banks
The nexus between states and lenders through bond holdings should be broken
Europe needs to put its money where its mouth is
Tussles over what to put on euro banknotes are symbolic of deeper dysfunction
European governments turn to short-term borrowing as pension funds retreat
Sovereign issuers are curbing sales of long-term bonds to blunt damage from higher borrowing costs
The EU’s capital market strategy must support innovation
Rather than pursuing grand institutional designs, pragmatic steps are needed to unlock capital to boost growth
Europe is not as weak as it acts
A new vision of EU integration is slowly but surely taking shape
How Europe can escape an economic impasse
The continent needs a unified corporate framework open to companies of all sizes and sectors