Minimum Requirements for Sound Eurobonds

Kirkegaard, Jacob.

Sometimes old promises come in handy. European Union Commissioner Olli Rehn must be pleased that back in June he promised to prepare a “feasibility study” before the end of the year on the topic du jour in Europe, namely eurobonds.1 As the European Commission will soon forcefully wade into Europe’s imminent and far-reaching debate about eurobonds, Commissioner Rehn can deny charges that the study was foisted on Europe by “elitist Brussels-based bureaucratic policy opportunism.” Instead he can just refer to his old commitments to elected EU parliamentarians.

Πηγή: Peterson Institute for International Economics

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