Germany (Photo credit: sanctumsolitude)

This is a really interesting article from the NYT, arguing that Germany would be receptive to alternative to Eurobonds accompanied with greater European control over national budgets. Check it out!

Germany Open to Deal on Pooling Euro Debt, With Limits – NYTimes.com.

For me, this is a potentially positive move but still does not address the need for investment to stimulate growth, nor compensating for the cost distortions  in Europe. What do you think of the NYT article?

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