Reuters: Regulatory News: Schaeuble: no euro bonds in my lifetime either

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Schaeuble: no euro bonds in my lifetime either Jun 29th 2012, 18:00 BERLIN, June 29 | Fri Jun 29, 2012 2:00pm EDT BERLIN, June 29 (Reuters) - German Finance Minister Wolfgang Schaeuble echoed Angela Merkel's pledge that Europe would have no common euro bonds in her lifetime, saying on Friday they wouldn't happen as long as he lived either unless other radical reforms occurred first. "Euro bonds, if understood as euro bonds without common liability and without common financial policy, are something that I don't want in my lifetime either," Schaeuble said. He was speaking to the Bundestag (lower house) ahead of a vote to ratify a permanent euro zone bailout mechanism and a new fiscal pact for budget discipline across Europe. Merkel, who usually avoids emotive language, caused a stir this week with comments reported from a closed-door meeting that she would not accept euro bonds as long as she lived. This was a blow to any remaining hopes among champions of euro bonds, such as French President Francois Holland, that the conservative German chancellor might have a change of heart.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions