BERLIN (MNI) – Germany’s government still opposes the idea of
issuing joint eurobonds to support ailing Eurozone member states, a
government spokesman said Friday.
“There is a large mutual consent between the governments of Germany
and France to strengthen the European Monetary Union,” spokesman Steffen
Seibert said at a regular government press conference here.
“Eurobonds aren’t playing a role in these German-Franco
considerations,” he stressed. “This topic is not on the agenda.”
Greek Prime Minister George Papandreou on Thursday again backed the
introduction of eurobonds, but not as a “substitute” for fiscal
consolidation.
–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com
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