Exact(4)
Mutualisation for journalists means collaborating with readers to understand, explore or reflect situations, topics and perspectives.
To be sure, the SPD positions itself as a resolutely pro-European party, arguing for economic convergence, partial social and tax harmonisation, or debt mutualisation, for example in the form of eurobonds.
Many Germans see the idea of a more extensive and permanent form of debt mutualisation – for instance in the form of eurobonds – as the creation of a "debt union" in which they and other surplus countries would assume unlimited liability for deficit countries' debt while giving up what leverage they have to enforce structural reform.
The board will now have to stand on their heads compared to their previous statements and deny everything that they have said about the clear benefits of mutualisation for so long - including the evidence that policyholders in mutuals have done better than in plcs".
Similar(56)
German ministers are worried he will press for a big stimulus, as well as for the mutualisation of debt through Eurobonds as endorsed by a committee of the European Parliament.Despite much talk of growth, on substance Mr Hollande did not seem to get much support from the euro group; if anything, he may have to embark on austerity himself.
And she makes the case for a Europe-wide system to support banks and for the mutualisation of some sovereign debt.Mrs Lagarde's words will fall on deaf ears in the country that most needs to hear them, Germany.
The ESM treaty effectively provides for the mutualisation of national debt within the EU with no upper limit.
This would be more convincing if they were to include a path, even if only a conditional one, for the mutualisation of at least some euro-zone debt.
After all, it was the decade of cheap credit when financial markets barely distinguished between Greek and German bonds behaving as if Eurobonds already existed that created the imbalances that lie behind the crisis.Germany's price for any mutualisation of liabilities is greater economic and political integration.
The core of the bargain greater mutualisation of risk in exchange for more central control may be a precedent for a future "fiscal union" in which joint Eurobonds could be issued with tighter controls on national budgets and economic policies.The new supervisor is an important concession to Germany.
Meanwhile, back in Frankfurt, Mario Draghi's outright monetary transactions, which allow the ECB to buy the sovereign bonds of eurozone states in the secondary markets, prepare the ground for the progressive mutualisation of sovereign debt.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com