Greece's Papandreou supports issuance of a common euro bond

Logo of the European Council
Greece approved its 2011 austerity budget late last week but indicated concern that the measure will not resolve the country's debt issues. Prime Minster George Papandreou joined other leaders in calling for the eurozone to issue a common bond. Jean-Claude Juncker, prime minister of Luxembourg, and Giulio Tremonti, finance minister of Italy, have said that a common bond could improve the region's stability. Full story here

No comments:

Post a Comment