Macron: The only way to increase the EU's common budget is common issuance of debt.

Feb 11, 2026, 3:59:20 PM UTC(7 hours ago)
Impact: Medium

Affected Assets

  • Macron: The only way to increase the EU's common budget is common issuance of debt.
  • French President Macron advocates for increased EU common debt issuance to boost the EU's budget.
  • Macron's proposal aims to fund investments in green and digital technologies, defense, and security, with an estimated need of €1.2 trillion annually.
  • This is not a new proposal; Macron has been calling for more joint debt, including through eurobonds, for some time.
  • The idea faces resistance from some Northern European countries, including Germany, who cite concerns about national budget deficits.
  • Macron suggests issuing eurobonds on global markets, potentially capitalizing on the attractiveness of EU democracies compared to the US.

Sources

MACRON: THE ONLY WAY TO INCREASE THE EU'S COMMON BUDGET IS COMMON ISSUANCE OF DEBT
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Macron: The only way to increase the EU's common budget is common issuance of debt. | Foxly Invest