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15 December 2010

Commission President Barroso: “Do not kill the euro bonds idea for the future”


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Barroso stressed that it is important that EU leaders concentrate now on what can be done quickly and decisively. On the euro bond issue he thinks that it is a good idea but that at this stage there is no consensus.


“We are in a crisis situation and we already have financial mechanisms to address that crisis, like the European Financial Stability Facility (EFSF). These are far from exhausted, and can be improved and adapted far more quickly than any alternatives, however interesting they may be," he said in a speech to be delivered to the European Parliament in Strasbourg.
 
 
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© European Commission


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