Ukraine crisis another nudge for joint EU bonds
Christian Odendahl, chief economist at the Centre for European Reform, sees the war, which Moscow calls a "special military operation", as a turning point of sorts for Europe, even if the road remains unclear. It would affect European "integration as much or more as the COVID crisis helped propel a joint fiscal capacity and borrowing, which were both unthinkable when corona was still a beer," Odendahl said.