EU monetary affairs commissioner Olli Rehn has questioned whether euro countries are really prepared to accept the loss of national fiscal power that would come with the introduction of eurobonds - deemed by many as the principle means of exiting the eurozone debt crisis.
Speaking on Monday (29 August) of the “rather high expectations” surrounding eurobonds - which would lead to the mutualisation of eurozone debt - Rehn warned it would mean “substantially reinforced fiscal surveillance...
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