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corona bonds

March 18, 2021

What explains Germany’s conversion to common European Union debt?

Lucas Schramm In 2020 Germany promoted a bold European response to the corona crisis, involving common EU debt. This contrasts starkly with its position a decade before, when it favoured austerity over fiscal stimulus and debt pooling. Lucas Schramm and Amandine Crespy argue that the specific nature of the corona crisis reconfigured Germany’s national interests in Europe Read more

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THE EUROPEAN CONSORTIUM FOR POLITICAL RESEARCH
Advancing Political Science
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