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EU Regulators May Push for Euro Bonds

Move would put pressure on Germany to drop its opposition to jointly sold bonds.

By Jonathan Stearns, Aoife White, Bloomberg News | Updated on August 19, 2011

European Union regulators may push for joint bond sales by euro-area nations to help contain the debt crisis, putting pressure on Germany to drop its opposition.

The European Commission said it may present draft legislation on euro bonds when completing a report on the feasibility of common debt sales. The commission, the EU’s regulatory arm in Brussels, earlier this year opposed such a step because of German-led opposition.

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