French President Francois Hollande called for the issuance of euro bills as a short-term measure, the newspaper Handelsblatt reported Tuesday, citing a strategy paper.
The issue of euro bills will be easier than euro bond issue if there is support from the part of political leaders. The bills will have a maturity of three months.
The German weekly Der Spiegel over the weekend reported that the European Union is preparing a framework for the joint issuance of the short-term common debt instruments called euro bills. The EU summit later this month is likely to discuss the idea of the bond issue.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.