Spain proposes €850 billion in annual EU common debt, targeting a €5 trillion stock in five years. Here's what it means for euro markets and crypto.

Spanish Economy Minister Carlos Cuerpo will pitch a new common debt mechanism ahead of a meeting of euro-area finance ministers in Brussels on Thursday. #EuropeNews

Spain proposes €850 billion in annual EU common debt, targeting a €5 trillion stock in five years. Here's what it means for euro markets and crypto.