Navigation path

Expert group on a debt redemption fund and eurobills

31.03.2014 - The chairperson of the Commission's expert group on a debt redemption fund and eurobills, Gertrude Tumpel-Gugerell, has submitted the group's final report to President José Manuel Barroso and Vice-President Olli Rehn, responsible for Economic and Monetary Affairs and the Euro.

The Expert Group was set up in July 2013 with a mandate to deepen the analysis on the possible merits, risks, requirements and obstacles of partial substitution of national issuance of debt through joint issuance in the form of a redemption fund and eurobills. Its mandate included an assessment of the legal feasibility, of moral hazard risks and ways of avoiding them, as well as of aspects of democratic accountability. The report does not formulate policy proposals or recommendations, nor endorse explicitly or implicitly either of the two ideas.

Read more about the expert group

Documents

Additional tools

  • Print version 
  • Decrease text 
  • Increase text