Spain Says Germany Can Find a Way to Make Joint EU Borrowing Work

The European Union will be able to find a way to raise more joint debt that is acceptable to Germany’s constitutional court — if there is sufficient political will, according to Spain’s economy minister.

Carlos Cuerpo said the EU has piled up so many investment plans — from the energy transition to its digital strategy and defense — that member states won’t be able to finance them from national budgets and so they have to start discussions about more joint debt issuance.