EUROZONE BONDS PROPOSALS

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STORY: EUROZONE BONDS PROPOSALSDATELINE: Nov. 24, 2011LENGTH: 0:01:47LOCATION: BrusselsINTROThe European Commission has unveiled proposals to roll-out eurobonds to combat the ongoing eurozone crisis.It comes despite strong opposition from Germany, the bloc's largest economy.World News reports.PKGThe European Commission President Jose Manuel Barroso on Wednesday proposed to further tighten eurozone budget discipline rules, andunveiled options for issuing eurozone bonds.SOUNDBITE (ENGLISH) JOSE MANUEL BARROSO, EUROPEAN COMMISSION PRESIDENT:"The green paper sets out three options for Stability Bonds. In each case, we analyse the potential benefits and the risks for financial markets and financial stability, as well as the implications for possible Treaty changes."Barroso said the draft regulations aim to laying a legal ground for tougher supervision and management of eurozone national fiscal policies.Hours before the European Commission unveiled the proposals, German Chancellor Angela Me
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Producer : Xinhua News Agency

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