24/05/2012

Eurobonds Are The Latest Quick Fix For The Mess In The Eurozone. But They Are Not The Solution

Martin McCauley writes from London: Eurobonds Are The Latest Quick Fix For The Mess In The Eurozone. But They Are Not The Solution.

Via (stirringtroubleinternationally.com)

Euros

 

The incentive to engage in painful structural reforms would be severely weakened. Greece, for instance, has to cut its bloated state sector, reform pensions and the labour market and become more like Germany. Martin McCauley

CRISIS, EUROBONDS, EUROZONE, SOLUTION

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