Brussels Report covers our briefing on ECB

16 June 2021

The ECB’s accounts have become the waste-bin for the financial garbage of the entire Eurozone. In this zero-sum game, there are winners and losers. At the moment, Northern European countries, Germany in particular, are losing. Looking at the legal structure of the new “Next Generation EU” scheme it becomes apparent that the “Eurobonds” that are about to be issued will be ultimately guaranteed by EU Member States, in proportion to the amounts they are about to receive. Read the full article here.


EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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