Bloomberg News

Baroin Says Euro Fund Amounts to Early Form of Euro Bond

November 29, 2011

Nov. 30 (Bloomberg) -- French Finance Minister Francois Baroin said the European Financial Stability Facility amounts to an early form of a euro bond.

“The question of euor bonds can’t be the start of the discussion,” Baroin said today in Brussels. “Once all countries have consolidated their public finances, this question can be asked. But if you think about it the European fund as it is being constructed, is already a form of mutualization. Its a form of euro bonds before their hour.”

To contact the reporter on this story: Mark Deen in Brussels at markdeen@bloomberg.net

To contact the editor responsible for this story: Mark Deen at markdeen@bloomberg.net


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