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Nowotny: No Euro-bonds Yet
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Published: December 10, 2010; 20:06 ♦ (Vindobona)

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Although he supports the euro-bonds in principle, the time has not come yet for the Governor of the Austrian National Bank.

Only this week, Ewald Nowotny, in his capacity of member of the board of the ECB and governor of the National Bank, considered the proposal to introduce euro-bonds as positive. But more recently, Nowotny has expressed himself with more reserve. The idea should be discussed in good times and not in bad times. He advised politicians not to deal with too many issues at once. The discussion…
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