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No. 2/2020 How to Finance the Union: an Urgent Turnaround

No. 2/2020 How to Finance the Union: an Urgent Turnaround

The present paper sets forth a proposal for mobilising unemployed or underemployed resources in the EU, thus implementing the principles and objectives set forth in the Preambles of all European Treaties. The paper analyses in particular, from an economic-legal viewpoint, the provisions which would allow the Union to issue bonds and invest the proceeds in real assets, in order to create its own assets (“attain its own means”) within the framework of the financialstatement of its assets and liabilities, i.e. the EU’scapital accounts.

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Finanziare l'Unione? Una svolta necessaria by Oliviero Pesce is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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