German FM again rejects joint bonds and ECB intervention - News - Dukascopy Bank

Mon, 16 Jan 2012 08:01:24 GMT
Source: Bloomberg
 
© Scanpix/AFP
Germany's Finance Minister Schaeuble reminded he does neither support issuing joint Euro Zone bonds nor making ECB the bank of last resort. Schaeuble pointed out that such actions would be equal to printing money and would only buy some time instead of solving the real problem. According to German FM troubled nations must cut their debt at the as soon as possible.

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