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Austria to Participate in Merkel´s Bond Plans?

Published: November 28, 2011; 12:19 · (Vindobona)

According to the German Prime Minister Angela Merkel, triple-A countries should issue common “elite bonds”. Austria should take part.

Austria to Participate in Merkel´s Bond Plans? / Picture: © Flickr

Instead of issuing euro-bonds, Angela Merkel intends to create an “elitist” project. Only those countries which still have an “AAA-rating”, should issue common bonds. Thus, besides Germany, also France, the Netherlands, Austria, Finland and Luxembourg should participate in the idea. The German newspaper “Die Welt”, which refers to EU diplomats, has reported such…

This article includes a total of 215 words.

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