Paths to Eurobonds

Working Paper No. 12/172

Nopic
This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financial markets and banks and, in the medium-term, help improve the euro area economic governance framework through enhanced fiscal discipline and risk-sharing. Many questions remain on... READ MORE...

Publication date: July 2012
ISBN 9781475505207
$18.00

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Publication date: July 2012

English