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Austrian Economic Chamber is Against Euro-Bonds

People ♦ Published: December 15, 2010; 19:06 ♦ (Vindobona)

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Chamber President Leitl calls for an in-depth cooperation in economic policy instead of euro-bonds.

Austrian Economic Chamber is Against Euro-Bonds / Picture: © Wikimedia Commons / Blackfish [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

"Europe has a common currency but no common fiscal and economic policy. It is necessary to think together about meaningful opportunities in this direction, and implement already existing instruments of economic policy coordination more effectively", said Christoph Leitl, president of the Austrian Economic Chamber, prior to the summit meeting of the EU leaders on Thursday and Friday in…