Quote:
Germany's deputy finance minister has ruled out "eurobond-lite" plans to pool part of eurozone countries' debt.
Speaking exclusively to the BBC, Secretary of State Steffen Kampeter said "debt is a national responsibility".
"I don't see any strategies where we socialise and redistribute the bad political decisions made by some who are over-indebted."
|
http://www.bbc.co.uk/news/business-18438402
That'll go down well in Greece, Portugal, Spain, Italy....