EU should loosen the budget rule issue euro area bond

05/29/2012 16:03

The evening of May 13 Peking time news, a senior officer of economic cooperation and development organization(OECD) means on Sunday, EU should expel the part ofBurberry Sunglasses 2012 public investment in the budget deficit and erupt the common bond of a line of euro area.The OECD chief economist Pa much Anne(Carlo Padoan) points out while accepting an interview that EU reached public finance policy of retrenchment concerning control public property recently, but he inclines toward more to use lately more relaxed rule to carry on valuation to the finance in the red and the obligation.Investing the expenditure should not include in the finance in the red and the obligation, and should publish euro area bond.Burberry Eyewear The Italian government is canvassing 17 all euro area member's countries, accept the above-mentioned modification budget rule and release the proposal of bond.But Germany up to the present still keep opposing, call further perfect in the euro area public finance discipline before, release common bond of euro area too and careless.

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