Agency. The Agency would receive contributions from national governments to cover future interest payments. The debt would clearly not be eliminated,” the paper said.

Agency. The Agency would receive contributions from national governments to cover future interest payments. The debt would clearly not be eliminated,” the paper said.
Agency. The Agency would receive contributions from national governments to cover future interest payments. The debt would clearly not be eliminated,” the paper said.
 
* One knew that once this joint debt ‘genie’ was let out of the bottle that it would discover a life of its own.
 
Interesting: Spain had added the most debt during 2020-2021, increasing its debt to GDP ratio by 24.1 points to 119.6% of GDP. Italy was close behind with a 19.2 point increase to 153.5% and France added 17.8 points to 115.3%.
 
It’s not often, but on this issue the V4 Report agrees 100% with the governments of Germany, the Netherlands, Finland and Austria, all which oppose the idea of more permanent joint debt issuance.