Peter Bofinger, author at Social Europe

Why We Need Basket Eurobonds

by Peter Bofinger on 4th February 2014

The Euro area is suffering from insufficient macroeconomic stabilisation At the end of 2009 the unemployment rates of the Euro area and the United States had reached a level of 10%. Since then, unemployment in the US has fallen to 7.3% while in the Euro area it has climbed to 12.0%. This is not surprising […]

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Why We Need Basket Eurobonds

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