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Eurobonds moral hazard claim challenged in EU policy debate

Original: RE: https:// eupolicy.social/@Veza85UE/1174 83491140448808 Remember, eurokids: Eurobonds would be moral hazard because S

A debate is unfolding over Eurobonds and the argument that shared EU debt would create moral hazard. Critics of that argument note it often rests on stereotypes about Southern European fiscal behaviour, while pointing out that the concern is selective: taxpayers outside the EU, such as those in Japan, Canada, Australia and South Korea, would not be asked to cover budget gaps in Germany, Sweden, Denmark or Austria.

Why now: Ongoing EU debate over joint debt issuance and fiscal solidarity has revived arguments about moral hazard

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• RE: https:// eupolicy.social/@Veza85UE/1174 83491140448808 Remember, eurokids: Eurobonds would be moral hazard because Southern Europeans are lazy. Asking Japanese, Canadian, Australian or South Korean taxpayers to plug the budget hole Germany, Sweden, Denmark, Austria, the… · Veza85UE@eupolicy.social

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