Commission: 'Stability Bonds must not lead to a reduction in budgetary discipline' (Photo: Images_of_Money)

Brussels sees no serious opposition to eurobonds

The European Commission has launched a polemic on eurobonds - a proposal that eurozone countries should guarantee one another's debt, taking member states into uncharted territory in terms of solidarity and trust.

The executive put forward its ideas in a 38-page discussion paper on Wednesday (23 November), which sets out three scenarios for eurobonds ranging from a "full replacement" of national bonds to a partial replacement.

Announcing the controversial ideas, European Commissio...

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