KM Financial Solutions | UPDATE 1-New euro zone ‘corona bonds’ body could take years to set up – bailout fund
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UPDATE 1-New euro zone ‘corona bonds’ body could take years to set up – bailout fund

UPDATE 1-New euro zone ‘corona bonds’ body could take years to set up – bailout fund

A new mechanism to enable the
issuance of joint euro zone debt to counter economic fallout
from the coronavirus epidemic, as recommended by nine European
leaders, could take up to three years to set up, the head of the
bloc’s bailout fund said.

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