Brussels, 13/11/2012 (Agence Europe) - On Tuesday 13 November, several member states rejected any mention of budget solidarity (eurobonds, eurobills or redemption funds) in the draft legislation known as the “two-pack”, amending the Stability and Growth Pact. Austria's finance minister, Maria Fekter, said she objected to any mention of pooling of debt. Finland, Malta and Germany said it was too soon to put in such reference, even in passing. We should not really anticipate the EU Council discussions of December, said Germany's finance minister, Wolfgang Schäuble. In December, the EU27 will be deciding on a roadmap on strengthening Economic and Monetary Union, which might cover measures leading to partial pooling of sovereign debt. France, however, says that at the very least, budget solidarity tools should be mentioned, and pointed out that at the European Parliament, the plenary had voted for the creation of a redemption fund to manage eurozone nations' excess public debt for twenty to twenty-five years. It is hoped that the two-pack will be adopted later this year. (MB/transl.fl)