eshrag
08-15-2011, 11:11 AM
متوقع تأثيره على اسواق الدول الأوروبية التي تعاني من الديون نظراً لمكانة اقتصاد ألمانيا
Germany reiterates 'no' to eurobonds
German ministers reiterate 'no' to jointly guaranteed European sovereign debt bonds
On Monday August 15, 2011, 5:02 am
BERLIN (AP) -- Germany's finance minister has reiterated his country's firm opposition to issuing jointly guaranteed European sovereign bonds.
Wolfgang Schaeuble told German news magazine Der Spiegel in its edition dated Monday that so-called eurobonds are out of the question as long as the currency zone's 17 nations still run their own fiscal policy.
He says differing interest rates for the eurozone nations are needed to provide "incentives and the possibility of sanctions to enforce solid financial policy."
Eurobonds would be a major step toward the bloc's economic integration.
But the idea is being strongly resisted by Germany, which as the most creditworthy European country fears it would face higher borrowing costs and more risks if it had to borrow jointly with financially shaky nations.
Germany reiterates 'no' to eurobonds
German ministers reiterate 'no' to jointly guaranteed European sovereign debt bonds
On Monday August 15, 2011, 5:02 am
BERLIN (AP) -- Germany's finance minister has reiterated his country's firm opposition to issuing jointly guaranteed European sovereign bonds.
Wolfgang Schaeuble told German news magazine Der Spiegel in its edition dated Monday that so-called eurobonds are out of the question as long as the currency zone's 17 nations still run their own fiscal policy.
He says differing interest rates for the eurozone nations are needed to provide "incentives and the possibility of sanctions to enforce solid financial policy."
Eurobonds would be a major step toward the bloc's economic integration.
But the idea is being strongly resisted by Germany, which as the most creditworthy European country fears it would face higher borrowing costs and more risks if it had to borrow jointly with financially shaky nations.