Summary
ANGELA MERKEL was so determined to kill off the idea of issuing common European bonds that, having tried to squelch it, the German Chancellor reversed over it several times last week to make sure it was dead.
French President Nicolas Sarkozy, anxious to stay in Germany's slipstream and avoid any threat to France's top-notch credit rating, joined her in swatting the suggestion, for now.See the full content of this document
Extract
Germany Is Wary About Being Left Bonded to Rest of Eu
But the "E-bond" proposal championed by Jean-Claude Juncker, the chairman of euro zone finance ministers, and Italian Economy Minister Giulio Tremonti w...
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