Moulin Backs Joint Euro Debt for New Investment Priorities, Seeking More Safe Assets
Updated
Updated · Bloomberg · May 20
Moulin Backs Joint Euro Debt for New Investment Priorities, Seeking More Safe Assets
2 articles · Updated · Bloomberg · May 20
At a French Senate confirmation hearing, Emmanuel Moulin endorsed more joint euro-area borrowing to finance the bloc’s new investment priorities.
Moulin said deeper shared debt issuance could help strengthen the euro’s international role by creating more euro-denominated safe assets.
The stance from Macron’s nominee to lead the Bank of France signals French support for broader common financing as Europe weighs how to fund emerging strategic priorities.
Could Macron’s nominee forge a European 'safe asset' to challenge the dominance of the US dollar?
As Europe debates shared debt, does US history offer a warning about state defaults or a blueprint for success?