Euro Bonds Ruled Out as a Solution to European Debt Crisis, Sarkozy Says

Bonds issued jointly by all members of the euro zone are “in no case” a solution to the euro zone’s crisis, French President Nicolas Sarkozy said.

“Germany and France are not going to pay the debts of other without being able to control the debt issues of others,” Sarkozy said at a joint press conference with German Chancellor Angela Merkel.

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