Silvia Merler argues for Euro debt assets:
“The abrupt US turn to protectionism offers a chance to strengthen the international role of the euro as a global reserve currency, and of euro assets as an appealing haven.
Europe has the motive, means and opportunity to do it. The question is if it also has the will.”
https://www.bruegel.org/first-glance/more-eu-debt-issuance-would-be-best-response-trumps-tariffs
