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Fekter Emphasizes: „Eurobonds Do Not Solve Debt Problem“

Politics ♦ Published: May 26, 2012; 16:07 ♦ (Vindobona)

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Maria Fekter, Austria´s Minister of Finance, thinks that the idea of common bonds is no real solution, but only symptom fighting.

Fekter Emphasizes: „Eurobonds Do Not Solve Debt Problem“ / Picture: © Vindobona.org

In the past weeks, the discussion about Eurobonds arose again. Above all, France´s new President Francois Hollande promotes the idea, Germany´s chancellor Merkel is against the introduction of common bonds.

The relatively stable countries Germany, Austria and the Netherlands would pay higher interest rates than now. Countries like Greece, Spain, Portugal or Italy could finance…