The EU’s Joint Debt Plan

The video discusses the European Commission's plan to issue joint debt, a significant financial move that was once considered unthinkable. The Commission aims to issue €800 billion over six years, starting with €80 billion in June. This initiative is expected to make the Commission a major player in the global green debt market. The strategy involves working with a diverse group of banks to ensure successful bond auctions. The video also explores the potential impact on European markets, including the introduction of a new safe asset and its effects on the German bund and other European financial instruments.

What is the significance of the European Commission issuing joint debt for the first time?

How much is the European Commission planning to issue in bonds this year?

What challenges might the European Commission face with the new bond issuances?

What role do banks play in the European Commission's bond issuance strategy?

What impact could the new bonds have on existing assets in the market?