Yes but right now the EU’s ability to act in the next few months is decisive for how the long-term reality is shaped.

So we need agility now, not only good rules for the future.
Reposted from Nils Redeker
The EU’s security landscape has shifted—radically and for good.

The real yardstick for any solution now —be it fiscal rule reforms or common borrowing—isn’t whether it buys a few months of breathing room.

It’s whether it helps the EU adapt to this new reality in a lasting way.

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