Integration of the eurozone public debt

The article presents selected concepts related to integration of government debt of Economic and Monetary Union (EMU) member states by issuing common bonds. In order to evaluate the possible implementation and value of eurozone bonds, the author applies two methods. The first one is cost and benefits analysis (CBA), the second is simulations based on historical data on government debt sourced from Eurostat. Next, the author discusses solutions already implemented and prospects for changes.