The phrase "redemption funds" is correct and usable in written English.
It can be used in financial or investment contexts, typically referring to money set aside for the purpose of redeeming investments or assets.
Example: "Investors were pleased to see that the company had allocated sufficient redemption funds to meet the upcoming obligations."
Alternatives: "redemption capital" or "redeemable funds."
The German Council of Economic Experts has proposed a European Redemption Fund (ERF).
The opposition also favours the wise men's "redemption fund" proposal.
Ms. Merkel, however, has so far ruled out either a debt redemption fund or retroactive direct recapitalization of banks.
She called for new measures to increase the sharing of risk, including possibly jointly issued euro area debt instruments, or, as Germany has proposed, a debt redemption fund.
His proposal closely resembled elements of the European debt redemption fund proposed by the German council of economic experts, however without the key element of joint liability.
The document says only that "several options for partial common debt issuance have been proposed, such as the pooling of some short-term funding instruments on a limited and conditional basis, or the gradual roll-over into a redemption fund".
The government's council of economic advisers has proposed creating a temporary redemption fund that would issue common euro zone bonds to help countries pay off their debt beyond the E.U. treaty limit of 60 percent of gross domestic product.
Yesterday, finance minister Schäuble had proposed that each member state transfer debt exceeding the 60% of GDP limit into a national redemption fund that would be funded with earmarked national tax revenues and should make debt reduction more credible.
Ms. Merkel has doggedly opposed any sharing of the debts and liabilities of euro zone governments or their banks, whether through a debt redemption fund, common euro zone bond issuance, a common bank deposit guarantee or retroactive direct recapitalization of bailed-out banks by the euro zone's rescue fund.
Peer Steinbrück, the SPD's candidate for chancellor, frets about the "dangerous spiral of austerity" and says Germany needs to spend more money on Europe, though he does not say how much or how.The chief aim of Helmut Kohl had been to draw a line under Europe's fractured historyIf the crisis intensifies, the SPD might be more willing to consider a "debt redemption fund".
