Which Eurobonds?

The introduction of Eurobonds could be part of the solution to the eurozone's sovereign-debt crisis, if designed properly. Above all, German taxpayers will need some credible reason to believe that 20 years of false assurances have come to an end – that this is the last bailout.

OSLO – Any solution to the eurozone crisis must meet a short-run objective and a long-run goal. Unfortunately, the two tend to conflict.

https://prosyn.org/oYarYey