Europe’s sovereign debt crisis is a root cause of economic inequality and underinvestment in public services. To tackle this crisis, the European Pirate Party proposes a bold solution: we call for the European Union to take on the national debt of all member states as part of the next stage of European integration.
By pooling national debts at the European level, we can liberate member states from the chains of debt and create a more level playing field. This would allow member states to redirect resources towards public services, education, and infrastructure, which would create jobs, stimulate growth, and raise living standards across the continent.
Our proposal is not just about debt management; it’s about building a stronger, more cohesive Europe. By promoting fiscal integration and solidarity, we can reduce the risk of future debt crises and create a more stable economic environment for businesses and citizens alike. This will not only benefit Europe, but the global economy as a whole.