| Author (Person) | Spiegel, Peter |
|---|---|
| Series Title | Financial Times |
| Series Details | 21.11.11 |
| Publication Date | 21/11/2011 |
| Content Type | News |
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Article reports a study by the European Commission which suggested that the introduction of a joint 'eurobond' that would entirely replace national issuance by individual members of the single currency area could offer the best solution for policymakers seeking a more stable sovereign debt market. The study was due to be published on the 23 November 2011. The report acknowledged that the move would require extensive changes in European Union treaties that could delay its implementation for years. The publication of the study was part of the activities of the European Commission to present a new package of measures to deepen European Union and euro area economic governance on the 23 November 2011. These would include: two co-decision regulations, on linking EFSF/ESM assistance with country surveillance and on further deepening of fiscal surveillance for euro area Member States with excessive deficits; a green paper on euro stability bonds; and the 2012 Annual Growth Survey. |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
