Eurobonds

Europe’s debt crisis has led to calls for the issue of jointly issued and serviced “Eurobonds” in order to make up for the fact that the beleaguered euro is backed by a monetary union and not a true economic, fiscal union. Needless to say, not everyone is happy with the notion of joint fiscal responsibility…
“Joined-up thinking”, The Economist, 21 April 2012
EU’s Barroso says will soon present options on euro bonds, Reuters, 14 Sep 2011
“An unpalatable solution: Eurobonds could restore confidence, but at a cost”, The Economist, 20 August 2011