ECB’s Sleijpen Warns Eurobonds ‘Only Lead to Higher Debt’

As the Netherlands continues efforts to form a new government, its central bank chief and ECB Governing Council member Olaf Sleijpen cautioned against signing off too easily on joint European bonds.

“The risk with eurobonds is that they ultimately only lead to higher debt,” Sleijpen told the Dutch newspaper De Telegraaf in an interview published on Saturday.