Eurobonds

From The Free Forex Encyclopedia

Jump to: navigation, search

Based on EU leaders' proposals, a Eurobond would be a collective bond issued by the 17 member nations of the euro zone.

Since it consolidates the euro zone countries' debt into a single bond, its credit rating would be substantially higher than that of the PIIGS nations but lower than Germany's triple-A rating.

The creation of Eurobonds is still up for debate as more stable economies such as Germany are strongly opposed to the idea. However, other debt-ridden nations are hopeful that Eurobonds could be a longer-term solution to the euro zone debt crisis.

Related Articles

Revisiting Eurobonds 25 Nov. 2011

EU Summit: Clash of the Titans 25 May 2012

"Decide what you want, decide what you are willing to exchange for it. Establish your priorities and go to work."
H.L. Hunt
Clicky Web Analytics