European Parliament wants a "reconstruction package" with "recovery bonds" - Plataforma Media

European Parliament wants a “reconstruction package” with “recovery bonds”

The European Parliament is going to ask the European Commission this Thursday to propose “a massive package of recovery and reconstruction” for the European economy, which goes beyond the measures already proposed, which includes the issuance of common debt securities.

MEPs’ plan to create recovery bonds. The new name appears in the draft of a resolution that will be discussed tomorrow in the European Parliament, which in practice deepens the proposals that Mário Centeno presented to the Eurogroup, namely the joint issue of European debt, guaranteed by the “reinforced” long-term budget.

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