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Mmastodon WorldEU Politics first seen 16 h ago, last 14 h ago, peak #12

La Repubblica calls for a new 'whatever it takes' on debt

Original: Repubblica.it: Tra inflazione e tassi un altro whatever it takes Se la situazione dei debiti andasse fuori controllo, se

La Repubblica argues that amid inflation and rising interest rates, Europe may need another 'whatever it takes' moment if public debt situations spiral out of control. The paper says such a commitment would buy time while the EU pivots strongly toward the transition, cushioning the geopolitical impacts. The phrase evokes Mario Draghi's famous 2012 pledge that saved the euro during the sovereign debt crisis.

Why now: Debt sustainability concerns are resurfacing as high rates and inflation strain eurozone economies, revoking memories of Draghi's pledge.

La RepubblicaEuropean UnionMario DraghiEuropean Central Bank

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