The only risk-free strategy for the euro zone

The only risk-free strategy for the euro zone is to: Transfer a sufficient share of public spending from the euro-zone countries to the European Union so that the se countries can significantly reduce their public spending . T his will prevent the risk of a public debt crisis in some countries; Since the euro-zone countries’ borrowing requirements will become small, the ECB can then stop monetising public debt without there being a risk of long-term interest rates rising and yield spreads widening between the euro-zone countries. This will prevent the financial instability caused by excessive money creation.