{"id":2348,"date":"2011-11-24T14:37:27","date_gmt":"2011-11-24T19:37:27","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2348"},"modified":"2011-11-24T14:37:27","modified_gmt":"2011-11-24T19:37:27","slug":"euro-bonds-the-pros-and-cons-according-to-the-european-commission-real-time-brussels-wsj","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/24\/euro-bonds-the-pros-and-cons-according-to-the-european-commission-real-time-brussels-wsj\/","title":{"rendered":"Euro Bonds: The Pros and Cons, According to the European Commission &#8211; Real Time Brussels &#8211; WSJ"},"content":{"rendered":"<p>A European Commission discussion paper on euro bonds to be released on Wednesday puts forward&#8230;.three possible approaches for issuing common government bonds in the euro zone.Two would carry \u201cjoint and several\u201d guarantees, making euro zone states responsible for repaying the debts of others. Option 1 envisions all national government bond issues in the euro zone being converted to common euro bonds, while option 2 envisages a partial replacement of national bonds with euro bonds. Option 3 would be for the partial replacement of national government bonds with euro bonds carrying \u201dseveral\u201d but not joint guarantees, making each state responsible for its own share of euro bonds. The third approach would be easier to implement, in part because it wouldn\u2019t require changes to European Union Treaties, but would carry fewer benefits.<\/p>\n<p>via <a href=\"http:\/\/blogs.wsj.com\/brussels\/2011\/11\/21\/euro-bonds-the-pros-and-cons\/?mod=WSJBlog&amp;mod=brussels\">Euro Bonds: The Pros and Cons, According to the European Commission &#8211; Real Time Brussels &#8211; WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A European Commission discussion paper on euro bonds to be released on Wednesday puts forward&#8230;.three possible approaches for issuing common government bonds in the euro zone.Two would carry \u201cjoint and several\u201d guarantees, making euro zone states responsible for repaying the debts of others. Option 1 envisions all national government bond issues in the euro zone &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/24\/euro-bonds-the-pros-and-cons-according-to-the-european-commission-real-time-brussels-wsj\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Euro Bonds: The Pros and Cons, According to the European Commission &#8211; Real Time Brussels &#8211; WSJ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[962,1169,1293,1295],"class_list":["post-2348","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-debt-crisis","tag-ecb","tag-euro-bonds","tag-euro-zone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Euro Bonds: The Pros and Cons, According to the European Commission - Real Time Brussels - WSJ - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euro Bonds: The Pros and Cons, According to the European Commission - Real Time Brussels - WSJ - the patient investor\" \/>\n<meta property=\"og:description\" content=\"A European Commission discussion paper on euro bonds to be released on Wednesday puts forward&#8230;.three possible approaches for issuing common government bonds in the euro zone.Two would carry \u201cjoint and several\u201d guarantees, making euro zone states responsible for repaying the debts of others. 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Chancellor Merkel says that\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2351,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/24\/merkel-rejects-rapid-action-on-the-euro-nytimes-com\/","url_meta":{"origin":2348,"position":3},"title":"Merkel Rejects Rapid Action on the Euro &#8211; NYTimes.com","author":"ColinTwiggs","date":"November 24, 2011","format":false,"excerpt":"PARIS \u2014 Quashing recent speculation of a softening in Germany\u2019s hard-line stance on the euro, Chancellor Angela Merkel repeated on Thursday her firm opposition either to bonds issued jointly by the euro zone countries or to an expansion of the role of the European Central Bank as quick responses to\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2282,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/22\/the-world-from-berlin-will-merkel-change-her-tune-on-euro-bonds-spiegel-online-news-international\/","url_meta":{"origin":2348,"position":4},"title":"The World from Berlin: Will Merkel Change Her\u00a0Tune on Euro Bonds? &#8211; SPIEGEL ONLINE","author":"ColinTwiggs","date":"November 22, 2011","format":false,"excerpt":"The left-leaning Berliner Zeitung writes: \"People in the euro crisis have become accustomed to one constant: What Chancellor Angela Merkel categorically rejects today can still be implemented tomorrow. That makes the euro-bond debate ... so exciting. A 'no' from Berlin doesn't necessarily mean the last word.\"\"There are many indications that\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1589,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/26\/euro-zone-talks-hit-roadblocks-wsj-com-2\/","url_meta":{"origin":2348,"position":5},"title":"EU Forges Greek Bond Deal &#8211; WSJ.com","author":"ColinTwiggs","date":"October 26, 2011","format":false,"excerpt":"French President Nicolas Sarkozy said after the marathon negotiating session that the leaders had reached agreement with private banks on a \"voluntary\" 50% reduction of Greece's debt in the hands of private investors. 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