Bloomberg News

France’s Fillon Says Euro Accord May Lead to Euro Bonds One Day

December 13, 2011

Dec. 13 (Bloomberg) -- French Prime Minister Francois Fillon said that the Dec. 9 accord between euro area leaders may lead to the creation of euro bonds “one day” as the region’s economies become more integrated.

Supporting the agreement is the best way to defend AAA credit ratings of euro area governments, Fillon said today in France’s Natoinal Assembly.

Fillon also said that France will meet its target of reducing its budget deficit to 4.5 percent of gross domestic product next year and that it will adjust its tax and spending plans based on the nation’s quarterly growth figures.

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

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


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