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Country Quote by Francois Hollande

“I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds'…” quote by Francois Hollande
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“I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.”

Francois Hollande

About This Quote

Source Speech: European Council, 2015

Euro bonds should fund specific future projects, not general debt.

In simple terms: Targeted bonds for growth projects.

Key Takeaway

Use project bonds.

Themes

finance debt investment

Mood

analytical pragmatic

Type

policy financial

When to use this quote

  • infrastructure
  • green tech
  • R&D funding

Key Concepts

economics policy design

Questions to Reflect On

  • What criteria define a project bond?
  • How to ensure accountability?
A Different Perspective

Political consensus may be hard.

3.5 out of 5 (4 ratings)

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