Samuel Fernandes de Almeida (Partner) writes an article for the Jornal Económico on the current model of European construction.

The current discussion focuses in a very simplistic way on two scenarios: (A) access to loans to MS through the European Stability Facility (ESA), as well as other financing instruments through the EIB in a package of around 500 billion; or (B) the mutualisation of debt through debt issuance on behalf of the Union.

Read the article here.