Growing momentum for EU joint borrowing, Cuerpo tells Euronews

Spanish Finance Minister Carlos Cuerpo is gaining traction for his ambitious €850 billion plan to enable joint borrowing by the EU, as discussed during recent meetings in Brussels. Cuerpo's proposal aims to create new safe assets to bolster Europe's financial stability amid increasing geopolitical tensions. This initiative could potentially unify the EU's financial front, providing a more robust response to economic challenges and fostering greater cohesion among member states. The momentum for such a significant shift in EU fiscal policy underscores the growing recognition of the need for collective financial strategies to navigate uncertain times.