European Taxpayers Warn Against Eurobonds: A Looming Fiscal Trap

European Taxpayers Warn Against Eurobonds: A Looming Fiscal Trap Submitted by Thomas Kolbe In public debate, the introduction of joint European bonds, Eurobonds, has so far often been dismissed as a fantasy. That the European Taxpayers’ Association has now issued a clear warning against joint debt issuance should give critics of the Commission pause. Are the plans for standardized EU bond issuances possibly more advanced than we have realized? The TAE is the umbrella organizatio...

By Tyler Durden