- Euro bonds will restart euro zone growth
- Sees 4 or 5 variants on euro bonds
- Euro bond issue is non-ideological
I’ve said it before and I will say it again: The genisus of the euro zone debt crisis was borrowing by sovereigns at German interest rates by countries that did not have a German credit rating. How would Euro bonds solve that crisis by perpetuating the same thing once again?
Answer: It can’t.
