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Hollande pushes case for eurobonds
The euro crisis is coming to a head with many experts predicting that it is inevitable that Greece will leave the single currency. Leaders from the 27 countries meet in Brussels on Wednesday for emergency talks on how to fix the problem. Why is everyone suddenly talking about eurobonds? The idea of joint borrowing has been circulating for at least 12 months, but François Hollande, the newly elected French president, has made it clear that he intends to push for a eurobond at Wednesday's meeting of European leaders, as part of an alternative to pursuing austerity alone as the solution to the debt crisis. What is a ... (full story)
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