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More from Merkel/Sarkozy: "A last resort," says Merkel of the eurobond idea floating about....

More from Merkel/Sarkozy: "A last resort," says Merkel of the eurobond idea floating about. "Imaginable one day," says Sarkozy, who adds that common bonds would mean underwriting the debt of member states without any control over the spending. Stocks starting to sink a bit now.
Comments (1)
  • User 353732
    , contributor
    Comments (4975) | Send Message
     
    Eurobonds are merely a way for the Euro-Periphery to transmit its multiple economic and social pathologies to an already enervated Euro-Core .
    They are risk and liability shifting on a continental scale .
    16 Aug 2011, 04:02 PM Reply Like
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