EU no-bailout rule must be strengthened, says Buba


The Bundesbank on Tuesday said the recent policy response to the eurozone debt crisis amounted to a "pooling of risk" and called for European Union (EU) legislation preventing member states from receiving explicit financial support from one another to be enhanced.

In its August Monthly Report, the Bundesbank said that unless there was a fundamental change of regime involving a far-reaching surrender of national fiscal sovereignty, it was imperative that the no-bailout rule – enshrined in the Eur

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: