The Commissioner for the euro and Financial Services, Valdis Dombrovskis, described the concept of European safe bonds (or ESBies) as "useful", after the Ecofin Council on Friday 27 January.
"We feel the concept is useful" as it could be used to create a "safe category of assets" providing investment opportunities, the Commissioner said, adding that the ESBies would not provide for a mutualisation of financial risks.
On the same day, the German newspaper Handelsblatt reported that the...