Council President Charles Michel has never enjoyed the best reputation in Brussels.

With his push for new EU debt based on the model of the short-time work program Sure, however, he has finally maneuvered himself offside.

Not even the French and Italians, let alone the European Commission, were enthusiastic about the proposal to decide this at the summit in two weeks' time.

Paris, Rome and many in Brussels are of the opinion that the EU must counter the US billion-dollar program for green technologies, the Inflation Reduction Act, with a new EU debt fund.

But you are far too clever to jeopardize this goal by rushing ahead.

All the more should the others see Michel's advance as an alarm signal.

You must use the summit to put the brakes on all debt fantasies early.

New debts are unnecessary.

There is enough money to meet the challenge of the green transition and high energy prices.

The payment of the 800 billion euro corona fund is just picking up speed.