{"id":3297,"date":"2012-01-10T19:03:24","date_gmt":"2012-01-10T17:03:24","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3297"},"modified":"2012-01-10T19:03:24","modified_gmt":"2012-01-10T17:03:24","slug":"europe-requires-european-bonds","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/europe-requires-european-bonds\/","title":{"rendered":"Europe requires European bonds"},"content":{"rendered":"<p><a href=\"http:\/\/www.voxeu.org\/index.php?q=node\/7507\" target=\"_blank\">Chamley, Christophe<\/a>.<\/p>\n<div>\n<p>Is it time for Eurobonds? This column argues that Eurobonds have always been the right solution. Every successful union throughout history has needed to create a proper financial instrument of sovereign debt \u2013 and the Eurozone is no different.<\/p>\n<\/div>\n<p>The ongoing Eurozone crisis has at least four dimensions:<\/p>\n<ul type=\"disc\">\n<li>Divergent labour costs between countries<\/li>\n<li>Reluctance to embrace fiscal sharing,<\/li>\n<li>Seemingly high levels of some sovereign debts, and<\/li>\n<li>Self-fulfilling high interest rates on some sovereign bonds that may lead to default.<\/li>\n<\/ul>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Voxeu<\/p>\n<p><a href=\"http:\/\/www.voxeu.org\/index.php?q=node\/7508\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chamley, Christophe. Is it time for Eurobonds? This column argues that Eurobonds have always been the right solution. Every successful union throughout history has needed to create a proper financial instrument of sovereign debt \u2013 and the Eurozone is no different. The ongoing Eurozone crisis has at least four dimensions: Divergent labour costs between countries [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,25,27],"class_list":["post-3297","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-25","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=3297"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3297\/revisions"}],"predecessor-version":[{"id":3298,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3297\/revisions\/3298"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}