Published on
15/07/2026 - 20:30 GMT+2
A Spanish proposal for Brussels to borrow as much as €850 billion each year to fund growth has revived a longstanding debate over common EU debt.
But the prospect of joint borrowing continues to divide member states. A group of southern countries – which also includes France – is advocating for more joint debt to strengthen competitiveness, while another group of frugal, northern countries is vehemently opposed, calling for stricter rules and fiscal discipline.
In this episode of The Ring, Euronews' weekly debate show, two MEPs from these opposing camps go head to head.
