Barroso Says Euro Bonds Should Be Preserved as an Option
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Policy makers battling a European debt crisis shouldn’t rule out issuing joint euro-area bonds and must develop integration tools to make that possible, even if German opposition means it can’t be done immediately, European Commission President Jose Barroso said.
“The commission believes we should look also at that option,” Barroso said in an interview at Bloomberg’s headquarters in New York. “We are not saying it is immediately. This is a matter that must be discussed, but we should not exclude that option either.”