I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.
You want to put out a TV show? If you have the money to do it on your own by yourself and you have a TV network you can do it by yourself. But the nature of the beast is art needs finance. That's how this industry works. So until the Internet becomes our source of entertainment – and watch it I believe it will – this is how things go.
