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.”
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