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Could eurobonds solve the eurozone economic crisis?

Germany has distanced itself from the idea of common European sovereign bonds (or eurobonds), but the concept is gaining support in some quarters and seems unlikely to go away.

Italy, Greece, Belgium and Luxembourg have given the idea their backing in theory, as has billionaire investor George Soros.

Joe Lynam explains how eurobonds may work in practice.

  • 16 Aug 2011