Eurobonds, also called stability bonds, are a solidarity mechanism devised by the European Union to deal with the eurozone crisis. Through this system, debt securities of countries belonging to the Union are issued.
As soon as they were created, however, they brought a series of controversies and skepticism that should not be underestimated.
The problem with Eurobonds is that virtuous countries have to take on the public debt of those who do not have their accounts in order.
