German Union Head Bsirske Calls for Joint Euro Bonds, Bild Says
By Tony Czuczka -
2011-11-21T12:36:02Z
Frank Bsirske, the head of Germany’s Verdi service-industry labor union, urged the introduction of joint euro-area bonds to combat Europe’s debt crisis, Bild reported, citing an interview.
A failure of the euro would be much more expensive for Germany than if members of the currency union issued joint debt, the Berlin-based newspaper cited Bsirske as saying in a summary of the interview to be published in tomorrow’s edition.
To contact the reporter on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net
To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net
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