As to your comments regarding Eurobonds, I am not sure that is the correct answer. It could be a short term fix for governments and people who have no interest in living within their means. It might be better for Germany and France to acknowledge the mistake that is the Euro, at least to the extent that they allowed in countries from Southern Europe who have such different views about government spending and living within their means. If I was a German citizen I would be looking for an exit of at least the So. European nations from the Euro. Least you wind up paying a few hundred Euros every few years to bail out the south.