Breton: finance industrial policy through joint debt

EU Commissioner for the Internal Market, Thierry Breton, has expressed his support for financing a new EU Sovereignty Fund through debt. Unconventional ideas are needed in the face of numerous challenges and little room for maneuver in the EU’s Multiannual Financial Framework, Breton wrote in a blog post. „In this respect, I believe that we should consider the possibility to finance this Fund through common debt, like we successfully did with NextGeneration EU.“