Publication
Aug 2011
'Blue’ or Eurobonds guaranteed via joint and several liability by the eurozone member states have been proposed by Bruegel, the Brussels-based think tank, as a key tool to stabilize and structure the eurozone sovereign bond markets. However, as current events show, a second key feature of the proposal – their limitation in volume to 60% of GDP – will be untenable in times of financial crisis.
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English (PDF, 11 pages, 1.0 MB) |
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Author | Hans-Joachim Dübel |
Series | CEPS Policy Briefs |
Issue | 252 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2011 Centre for European Policy Studies (CEPS) |