Hollande Calls for Euro Bills in Short Term, Handelsblatt Says

French President Francois Hollande favors the issuance of euro bills as a short-term measure and euro bonds in the medium term as a euro-area rescue strategy, Handelsblatt reported, citing a strategy paper it’s reviewed.

Hollande also backs consolidating the national deposit insurance programs, the newspaper said.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.

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