In this paper we investigate the opportunity to issue a Special Purpose Vehicle with a mixed capital structure dedicated to the development of green and social infrastructure in less developed areas of the European Union

This work presents an original proposal for the reform of the Eurozone architecture according to an approach based on risk sharing (aiming to reach in the long-term the mutualization of public debt). The proposal envisages a new role for the European Stability Mechanism (ESM) which should...