Proposed agency with the task of – managing the sovereign debt of all members of the European Monetary Union and – also issuing common sovereign bonds for which all members are liable. – The TEU does not provide for such communitarization. It would only make sense if the monetary community also had a common budgetary policy and a common economic government. – See bail-out, Bundesrepublik Deutschland Finanzagentur GmbH, German Government securities, Eurobonds, Eurobonds, common, peer pressure, Stability and Growth Pact, treaty compliance.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/