Junker, "My Name is Bond, Eurobond". Image via Wikipedia
The political pressure on Germany and other surplus countries within the Eurozone to introduce Eurobonds is constantly increasing. I’m not a big fan of Eurobonds without further political integration, but given the problems of the deficit countries, I fear we may not have the time to introduce a common democratic European government to orderly introduce Eurobonds. As I write this, Angela Merkel and Sarkozy just pleaded for a common European Economic Government. As Merkel’s CDU always cited this too as a prerequisite to the introduction of Eurobonds, I guess that the chances that we actually will get Eurobonds are increased, despite Merkel saying otherwise.
So the question addressed in this post is: Can Eurobonds work without further political integration and thus without creating a “transfer union”. Yes, that is possible.
Verfasst von ketzerisch 
bis Ende 2012
bis Ende 2013
bis Ende 2014
verlorenegeneration
sehrzynisch
cosmoxs
