Tuesday, April 3, 2012

Reuters: US Dollar Report: Merkel reiterates stance against common euro zone bonds

Reuters: US Dollar Report
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Merkel reiterates stance against common euro zone bonds
Apr 3rd 2012, 13:48

PRAGUE, April 3 | Tue Apr 3, 2012 9:48am EDT

PRAGUE, April 3 (Reuters) - Germany is against issuing common euro zone bonds, Chancellor Angela Merkel said on Tuesday.

"We are against common European bonds," Merkel said at a discussion with students in Prague.

Merkel's centre-right administration has repeatedly ruled out collectivising debt in the single-currency area by issuing joint bonds.

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