ECB to Buy Short-Term Sovereign Bonds as Europe Acknowledges that EU and Euro Zone Nations Must Work Together to Compete with "Asia Cluster"

The European Central Bank in deciding to buy short-term sovereign bonds of European nations shows that Europe and the EU are acknowledging that individual nations in Europe must work together to arrive at workable solutions to financial problems in Europe and the Euro Zone.

See at CNBC Katy Barnato's article at Germany Cannot Be 'Leader of the World': Italy's Prodi.

Hat tip to CaryGEE.

We wrote about the necessity of bond sales in Europe last year at Billionaire George Soros Says Euro Bonds are the Solution to Europe's Financial Problems: A Spiegel Interview with the Financial Genius.