The scenarios for the euro bonds

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP

The European Commission is going to discuss a green paper regarding three scenarios for issuing bonds by the members of the Eurozone, reported the Wall Street Journal. The first option implies discontinuing of the bond issuance and forcing the governments to raise funds on the bonds jointly guaranteed by all 17 members while the current bonds will be transformed into euro bonds. The second scenario allows the members to issue jointly guaranteed bonds up to agreed limit, below the limit governments will issue national bonds. The third option implies national governments issue bonds up to certain ceiling supported by restricted guarantees by other members.

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