• Not helpful if opponents of euro bonds called “un-European”
  • Germany is completely committed to euro
  • The euro is a central project of Europe
  • There are acute problems in some European countries
  • Germany not the only country opposed to e-bonds
  • E-bonds would eliminate incentives for stability policies

I love euro on euro crime!

Juncker got the ball rolling by calling the Germans un-European in the way they dismissed the his proposal for European bonds…