http://www.bbc.co.uk/news/world-europe-18193437
Quote:
German Chancellor Angela Merkel said the bonds would violate EU treaties and would "not contribute to kick-starting growth".
She said that for eurobonds to work there would first have to be "very much stronger economic coordination in the eurozone".
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http://www.publicserviceeurope.com/e...urobonds-taboo
Quote:
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French president Francois Hollande's support for joint euro area borrowing standing in stark contrast to Merkel's insistence that such a step should be taken only once eurozone economies are much more closely integrated.
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Further integration seems to be the quid pro quo for German agreement. Not quite the same as Germany being against the idea.