The plan is supported by European Commission President Jose Manuel Barroso as well, and the Commiss

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Decline in interest rates on Greek government bonds was marked this week. After a three-month walking more sorrows, spread-index of the Greek ten-year government bonds fell to 783 points, which was 50 basis points less than the levels in the first day of the week. Scenarios common solution to problems with debts of the countries of the periphery of the eurozone, revive financial markets and led the first swallow in the process of restoring confidence in the Greek economy.
Athens Stock Exchange also influenced by positive whiff of the market and on Tuesday night, scoring ubi a gain of 4.41% and a turnover of 1663.60 points. According to a report of Credit Suisse Greek shares began to pick up speed and foreign investment interest will begin to grow.
The idea of strengthening the role of the European Financial Stability Facility also positively affect the markets. The next summit of European Union leaders are expected to consider the proposal for a euro-fund of German Chancellor Angela Merkel and French President Nicolas Sarkozy. This will be the defense mechanism of the eurozone, which provides guarantees for lending to weaker members of the currency union with the highest possible rating of AAA. In other words, Germany, France, the Netherlands, Luxembourg, Austria and Finland ensure cheaper lending to countries such as Greece and Ireland. By accumulated capital, the mechanism will also prevent countries such as Spain and Portugal from "attacks" in the capital markets.
The plan is supported by European Commission President Jose Manuel Barroso as well, and the Commissioner ubi for Economic Affairs Olli Rehn union. He maintains that Eurobonds are an important instrument for financing mechanism and will help strengthen its capacity. The Fund will also buy part of the bond debt of countries in difficulty, replacing them with other bonds for a longer period and thus performed indirectly debt restructuring.
Some economic analysts ubi estimate that this scheme is known from the application of Brady bonds. Their creator is the Minister of Finance in the administrations of Ronald Reagan and George Bush senior - Nicholas Brady. Brady bonds are motivated by the need to reduce the debt of countries experiencing ubi problems with repayment. This was the case with some countries in Latin America in the 80s of the twentieth century. Bulgaria also benefit in 2002 from this type of securities guarantees given by the International ubi Monetary Fund.
Brady bonds issued by countries in exchange for their debt to commercial ubi and private creditors. Following an agreement ubi with creditors Member debtor issuing long-term government bonds, which replaced the old structure of debt in the form of a new portfolio of debt instruments. Their type and the ratio between ubi bonds down the rules on service of the new obligations - rescheduling or cancellation ubi of part of the debt, or degree of debt reduction.
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