TY  - UNPD
A1  - Avbelj, Matej
A1  - Baraggia, Antonia
A1  - Bast, Jürgen
A1  - Bugarič, Bojan
A1  - Castellarin, Emanuel
A1  - Costamagna, Francesco
A1  - Faraha, Anuscheh
A1  - Goldmann, Matthias
A1  - Mangold, Anna-Katharina
A1  - Savino, Mario
A1  - Thiele, Alexander
A1  - Viterbo, Annamaria
T1  - The case for corona bonds
T2  - SAFE policy letter series ; 82
N2  - Corona bonds are feasible and important to preserve the European project. We set out a number of principles that might serve as a blueprint for the European institutions. Importantly, Corona bonds could be issued through a new public law entity and include all the safeguards required for the protection of the fundamental values of the EU. This proposal is pragmatic in the sense that it facilitates the choice European leaders have to make now; necessary to secure the resilience of the European Union. The political risks are significantly higher now than in 2010. The gargantuan challenge of tackling the combined impact of climate change, migration, digitalization, geopolitical shifts, and the spread of autocracy, requires leadership and joint action by the Council and the Eurogroup.
T3  - SAFE policy letter - 82 
KW  - corona bonds
KW  - coronavirus
Y1  - 2020
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/53410
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-534109
UR  - https://safe-frankfurt.de/de/policy-center/publikationen/detailsview/publicationname/the-case-for-corona-bonds.html
IS  - April 2020
PB  - SAFE
CY  - Frankfurt am Main
ER  -