ATHENS (Reuters) – Spains Prime Minister Pedro Sanchez on Sunday renewed his call for debt mutualisation, saying it will help Europe better compete with other countries around the world.
In an interview with Greek To Vima newspaper published on Sunday, Sanchez said that an agreement by the European Union on an unprecedented 750 billion euro ($912 billion) plan to finance the recovery of the block from the coronavirus pandemic has been a great success.
However, Europe still needs to work to deepen its fiscal integration through a common banking and capital markets union.
A European fund and the full mutualisation of debt are important issues so that we make a leap of high quality in the future …
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