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Two points about Germany and deficit spending :
  • It's the EIB, and not the nations, that would be issuing green bonds massively. Backed by the ECB.
  • There are strong signs that the German government will resort to deficit spending fairly soon : not on the massive scale required by the GND, but once you've admitted the principle of the thing... Schäuble and Weidmann will fight it, but it's coming.


It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Thu Sep 12th, 2019 at 02:53:01 PM EST
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