N. 2/2020 Finanziare l’Unione? Una svolta necessaria
The present paper sets out a proposal for mobilising unemployed or underemployed resources in the EU, thus implementing the principles and objectives stated in the Preambles of all European Treaties. The paper analyses in particular, from an economic-legal viewpoint, the provisions that would allow the Union to issue bonds and invest the proceeds in real assets, thereby creating its own assets (“attain its own means”) within the framework of the financial statement of its assets and liabilities, i.e. the EU’s capital accounts.