On 9 September 2024, Mario Draghi (who needs no introduction) presented his report ‘The future of European competitiveness’. According to the report, the tasks ahead are'huge‘, and so are the financial requirements. To cover these, one of his proposals was the'issue of a common secure asset’. (The term EU bonds is not mentioned at this point). (1) This would also serve, according to Draghi, as a central building block for the development of an investment and savings union. And that is what the following is about.
