Building a European union ‘treasury’: Explaining the European commission's new approach to debt issuance and management

This article examines how the European Commission went from being an occasional participant in capital markets in the 1970s to an established bond issuer by the 2020s. As a result of these changes, the Commission has moved away from its traditional model of back‐to‐back lending using a wide array of...

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Bibliographic Details
Main Authors: Lukas Spielberger, Dermot Hodson, David Howarth, Iacopo Mugnai
Format: Default Article
Published: 2024
Subjects:
Online Access:https://hdl.handle.net/2134/27907848.v1
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