EU’s Juergen Stark Says Eurobonds Not The Solution To Eurozone Crisis

The proposed issuance of collective Eurozone debt, or Eurobonds, is not the right solution to the current crisis because it would raise the cost of borrowing in some countries while dissuading others from implementing the economic reforms they need, European Central Bank Executive Board member Juergen Stark said in a newspaper interview published Sunday. – iMarketNews

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