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Ansip ‘Skeptical’ on Euro Bonds, Frankfurter Allgemeine Says

Estonian Prime Minister Andrus Ansip said he’s “rather skeptical” regarding proposals for euro-region member countries to sell government bonds jointly, German newspaper Frankfurter Allgemeine Zeitung reported.

Joint euro-region bonds would be “expensive” for Germany, and countries in trouble shouldn’t be given full guarantees, Ansip, whose country will switch to the euro on Jan. 1, told the newspaper in an interview. Estonia is in the same camp with Germany, the Netherlands and Finland in its approach to budgetary policy, Ansip said.

Chancellor Angela Merkel is “a good leader for the entire European Union” as she aims to promote compromise between member countries, Ansip told the newspaper.

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