Jul 19, 2012
Center for Democracy and Civil Society

Should the eurozone debt be mutualised?

This question has been haunting everyone interested in the, well, world, for months now, and it is time to make a decision… at least in the debate promoted by The Economist magazine, which is about to close down. Last I checked, the score was 39% YES and 61% NO. I voted NO, because I think the political implications of mutualising the debt would be far too great to be acceptable to 27 countries. Europe is not America. But I’m happy to reconsider, if someone convinces me it is feasible to have that kind of integration in a stable way.

What do you think? Vote here http://econ.st/NZ8ku1  and let us know.

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Founded in 2004, Democracy and Society is a biannual print journal published by the Center for Democracy and Civil Society at Georgetown University. The D&S Blog provides web-only content, including special reports and investigative series, on issues relating to democracy and development.

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