Source: European Parliament
Question for written answer E-000874/2025
to the Commission
Rule 144
Petra Steger (PfE)
Former Commissioner for Economy Paolo Gentiloni has publicly called for the creation of a debt-financed EU Defence Fund. This would constitute a second step after Commission President von der Leyen already announced that Member States would be allowed greater flexibility in debt reduction to increase military spending. Consequently, according to Gentiloni, the existing veto against new Eurobonds should also be reconsidered. However, this mutualisation of debt rewards poorly performing countries at the expense of the few remaining net contributor countries. This creates a completely wrong incentive for the future – ‘bad economic management pays and is rewarded’. Making this madness permanent would mean the economic deathblow for the net contributor states and would be nothing other than a centralist wealth redistribution programme that would undermine national sovereignty and make the debt and transfer union a reality once and for all.
- 1.What is the Commission’s assessment of Gentiloni’s proposals, in particular with regard to a debt-financed EU Defence Fund and an end to the veto on new Eurobonds?
- 2.Can the Commission exclude the use of new debt-financed financial instruments, such as a new debt fund, during the current legislative term?
- 3.What measures does the Commission intend to take to safeguard the national budgetary autonomy of the Member States and to prevent net contributors, such as Austria, from having to pay for the mistakes of states with irresponsible budgetary policies?
Submitted: 27.2.2025