Angela Merkel and Francios Hollande argue on Eurobonds

Note: This section contains information in English only.
Source: BBC
EU leaders continue summit talks with Germany and France arguing on introduction of the Eurobonds. Eurobonds represent debt issued on behalf of all members of the Euro Zone and are aimed at boosting growth. Germany's Chancellor, Angela Merkel, claims that Eurobonds violate the EU treaties and will not accelerate growth essentially. At the same time, French President, Francios Hollande, says that Eurobonds are still an option and the focus of the EU leaders has to be shifted from austerity measures to growth-boosting strategies.
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