Sebastian Grund is a legal counsel at the International Monetary Fund (IMF). He has published a book and several academic articles on sovereign debt restructuring as well as on EU monetary and financial law. Prior to his role with the IMF, he worked as a lawyer at the European Central Bank (2015-2019) and gained professional experience in the private sector. He holds a Master of Law from Harvard Law School and a Doctor of Law from the University of Vienna and is admitted as an attorney to the New York Bar.
The paper investigates the legal feasibility of the EU borrowing on the capital market to finance European public goods.