German CDU leader pledges to do โ€œeverything I canโ€ to prevent new EU debt

German CDU leader and chancellor hopeful Friedrich Merz pledged on Wednesday (11 September) to do โ€œeverything I canโ€ to prevent the permanent issuing of EU joint debt, after the idea featured in Mario Draghi’s report earlier this week.

Mario Draghiโ€™s plan to fix a broken Europe already looks impossible

The Draghi report is full of good intentions to mend a continent losing its way. But while the vision is bold, the politics are practically impossible.

European economy reportedly faces ‘existential challenge’

Former European Central Bank head Mario Draghi cited the warning, which stems from a newly-released report, in a speech calling for joint borrowing to finance investments aimed at maintaining the bloc’s competitivity with the United States.

โ€˜Quite underwhelmingโ€™: Draghi briefing on competitiveness report light on details

Mario Draghiโ€™s presentation of his long-awaited report on the future of Europeโ€™s competitiveness to EU officials on Wednesday (4 July) was light on details and policy proposals – with Commission chief Ursula von der Leyen signalling she hasn’t accessed…

Greece must get an important role in the Commission, prime minister tells von der Leyen

Kyriakos Mitsotakis shows off his growing political strength by calling for Greece to get a key portfolio.

German liberals slam von der Leyen for not ruling out new EU debt

Politicians from the liberal FDP (Renew), part of Germany’s three-party ruling coalition, have criticised European Commission President Ursula von der Leyen for not ruling out a new debt-financed EU investment programme.