Germany Denies Report Open to Euro Zone Bond Idea
By Reuters
posted 18:33 11/28/10
| General Bonds
 
Font Size
 
Print
 
Sent To A Friend
 
Share
 
follow
 

related articles

from this site

BERLIN (Reuters) - German government sources denied on Saturday a magazine report that Berlin might agree to issuing joint euro zone bonds in response to the current debt crisis affecting some nations in the 16-member currency union.

Focus magazine cited an unnamed official saying Berlin might drop its objections to an idea championed by Eurogroup President Jean-Claude Juncker, who believes it would help troubled euro zone countries like Greece, Ireland and Portugal.

But two German government sources said Berlin was still firmly opposed to the idea. It worries that the proposal would imply taking responsibility for the debts of other, weaker economies in the euro zone.

 
 
0
comments
 
0 comments
 
Trade Stocks, Indices, Commodities and Forex - Plus500

add Your comment

 
 
 
 

send to a friend
 

 

Note: Your email address. and that of your recipients, will be used only in the case of transmission errors and to let the recipient who sent the article.
The information will not be used for any other purpose

The Help us prevent spamming, please enter the security code:
Reload Image
 
 

Send a message to: Reuters
 

 

Note: Your e-mail eddress and that of your recipients, will be used only for the transmission of this content to your recipents.
The information will not be used for any other purpose.

The Help us prevent spamming, please enter the security code:
Reload Image