Hello, readers. Angela Skujins here writing this Friday newsletter, with Mared Gwyn holding the pen for you next week.

Before our minds turn to the Belgium versus Spain FIFA football match at 10 pm tonight (go the Red Devils), one theme tops today's political agenda: finance.

Blockbuster borrowing. EU finance ministers are meeting in Brussels to discuss, among other issues, the Spanish proposal to create a new mechanism for EU joint borrowing of up to €850 billion per year.

“Let’s debate it,” European Central Bank (ECB) President Christine Lagarde told Euronews’ Europe Editor Maria Tadeo in an exclusive sit-down interview on Thursday regarding the pitch.

"It's great that a country like Spain, for instance, makes a proposal and puts it on the table for debate. Now it's for the others to say, 'this part we like, this part we don't like', and how that can be addressed. I think it's good to move forward.”