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Euro Bonds Are Wrong Fix in Half-Way Union: Riccardo Barbieri

Sept. 14 (Bloomberg) -- A number of European politicians and economists are hailing the euro-bond proposal as the only viable solution to the region’s sovereign-debt dilemma.

In their view, joint issuance of euro bonds would take advantage of the creditworthiness of core European Union countries such as Germany without throwing their deficit and debt ratios out of whack. Yes, goes the argument, there are a few technical hurdles, but they can be easily overcome.