# Prof. Thomas Philippon argues for a Eurobills market

1 Faculty News May 24, 2012 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://blogs.wsj.com/economics/2012/05/24/imf-helping-eu-explore-alternatives-to-euro-bonds/) -- "'A market for Eurobills can start small, improve financial stability and banking regulation, and provide much needed liquidity to solvent countries,' say its creators, French economist Christian Hellwig and New York University economist [Thomas Philippon](http://www.stern.nyu.edu/faculty/bio/thomas-philippon)."

[Read more  ](http://blogs.wsj.com/economics/2012/05/24/imf-helping-eu-explore-alternatives-to-euro-bonds/)