Knot: Sovereign Debt Risks Require Some Loss of National Sovereignty to Prevent Fragmentation
By Marta Vilar – BANGKOK (Econostream) – Former European Central Bank Governing Council member Klaas Knot said on Friday that said that Eurozone countries must accept a certain loss of national sovereignty to ensure the functioning of the monetary union, arguing that the lesson of Mario Draghi’s landmark 2012 intervention remains as relevant today as it was then.
16 October 2026
