Ai tedeschi “non è più permesso fare i talebani fiscali in Europa”, dice Gabriel. Il rappresentante dell’UE per gli affari esteri Kaja Kallas si è espresso a favore del debito comune europeo per finanziare la spesa per la difesa. Il prestito congiunto rende i prestiti più economici per tutti, ha detto Kallas

Ahead of the Munich Security Conference, EU foreign policy chief Kaja Kallas spoke out in favor of joint European debt to finance defense spending. Raising capital together makes loans cheaper for everyone, Kallas said in an interview with „Table.Briefings“.

That is why this step makes sense – even though she understands “the sensitivities in the German debate” on this issue very well. The EU had already incurred joint debts during the pandemic, and just as then, it is now once again facing a threat to all of Europe, said Kallas, who is one of the most vehement critics of Russian President Vladimir Putin.

The chairman of the Atlantic Bridge and former German Foreign Minister Sigmar Gabriel also considers new EU Community debt for armaments projects to be inevitable. The Germans „are no longer allowed to play the fiscal Taliban in Europe“, said the former SPD chairman of the Funke media group. The German position is always that defense spending is a matter for national budgets, but even here it can largely only be financed through debt.

In his report commissioned by the EU Commission, Mario Draghi, the former President of the European Central Bank, rightly recommended that we also take on joint debt to finance European defense, said Gabriel. That is expensive and also carries risks. „But Russian troops on the border with Poland are a greater risk and, incidentally, more expensive.“ For the EU, the need is growing „every month, simply because of the threat situation“, said the former minister. „Should we wait until the first drone flies over Berlin?“

Gabriel also suggested that Germany support France and Poland in their defense efforts: „Why don’t we offer the French the opportunity to combine our two countries’ defense spending and finance it with the German AAA‑rating?“ This would be a huge relief for the French budget, says Gabriel – and would show that German‑French friendship is indeed worth something.

Poland could be supported by paying more for existing NATO funds to strengthen the eastern flank, he suggested.

lmao where the fuck does the term ‘fiscal Taliban’ even come from

what does it even mean

Yep that will make the Germans ( and all the other that Share the German Point of view) cooperate.

He mentioned “Fiscal Taliban” likely simply to get public attention and engagement.

And he seems to have succeeded with that.

Countries like France have a serious spending problem which can be harmfull for other EU countires. The solution is not more cheap money for these countries. If they want more money they should reform.

It’s easy for Kallas to be in favour of joint borrowing, the amount contributed by Estonia would be very little but they would benefit a lot, considering how small their army is.

Little responsibility, all the benefits. Let someone else pay.

You’d think the Germans learned their lessons. Every decision they made since the Merkel era was wrong and lead them to years of stagnation. They still cozy up to countries that only intend to abuse Europe like China and the US because of short term views. It’s time to wake up

r/brandnewsentence

what is a fiscal Taliban?

Germans and Dutch — you lived so frugally you saved up a fortune.
Now the rest of Europe will happy to spend it