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German FM: Euro bonds give wrong incentive

DAVOS, Switzerland (MarketWatch)
German Finance Minister Wolfgang Schaeuble said on Friday that euro bonds «give the wrong incentive because you spend money you don’t have on the bills of others» since euro-zone nations don’t have a common fiscal polic…

DAVOS, Switzerland (MarketWatch)
German Finance Minister Wolfgang Schaeuble said on Friday that euro bonds «give the wrong incentive because you spend money you don’t have on the bills of others» since euro-zone nations don’t have a common fiscal polic…