Stability bonds
At a Glance
10-02-2012
Shaken market confidence has dramatically increased borrowing costs for several eurozone countries. As a remedy, the European Commission floated options for the 17 eurozone governments to jointly issue stability bonds, also called eurobonds. However, Germany is concerned that the plan would undermine incentives for fiscal discipline in debt-ridden Member States (MS).
At a Glance
About this document
Publication type
Author
Policy area
Keyword
- budget
- budgetary cooperation
- Economic and Monetary Union
- economic policy
- economic policy
- ECONOMICS
- euro area
- Eurobond
- FINANCE
- financial market
- fiscal policy
- free movement of capital
- monetary economics
- monetary relations
- public debt
- public finance and budget policy
- speculative capital
- stability programme
- taxation