EU heading for eurobond clash amid German dread over looming fiscal union
Written by Simon Tilford, 12 August 2011
"No single currency has ever survived without some form of debt mutualisation," said Simon Tilford, chief economist at the London-based Centre for European Reform, a research institute focused on European integration. "There's an increasing recognition that that is the only way of stabilising the eurozone."
Link to press quote:
http://www.bloomberg.com/news/2011-08-11/eu-heads-for-eurobond-clash-amid-german-dread-over-looming-fiscal-union.html
