Germany rejects eurobonds as bond auction flops; Merkel says no ‘immediate solution” to crisis
Nov 23rd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
José Manuel Barroso, European Commission president Jose Manuel Barroso today unveiled plans for eurobonds, in the face of German opposition. Meanwhile an auction of German bonds also today was a flop and Angela Merkel, the German chancellor, said there is no "immediate solution" to the crisis.