Cyprus Central Bank governor says common EU debt could unlock deeper integration

Central Bank governor Christodoulos Patsalides has backed the creation of a common European safe asset, arguing that it would deepen EU financial integration, strengthen the euro’s global role and help finance shared European priorities.

In an opinion piece titled The integration dividend of a European safe asset, the governor said the debate had moved beyond crisis management and had become a structural question for Europe’s long-term growth model, economic integration and strategic autonomy....