Thursday, January 6, 2011

Joint Euro Bonds Could Heal Debt Crisis, Greek PM Says

Greek Prime Minister George Papandreou reportedly said on Thursday that jointly issued euro bonds could help to overcome Eurozone's debt crisis.
Addressing a French Economy Ministry conference, Papandreou said in Paris that euro bonds can serve as a complementary tool to solve the European debt crisis.
He added that euro bonds are not a substitute for the necessary adjustments in each Eurozone nations.
Papandreou also noted that support for the issuance of such bonds is growing.




RTT News

 http://www.rttnews.com/ArticleView.aspx?Id=1521114