Mr. Bosomworth is a managing director in the Munich office and head of PIMCO portfolio management in Germany. Prior to joining PIMCO in 2001, he worked at the European Central Bank, Merrill Lynch and at New Zealand’s Debt Management Office. He has 18 years of investment experience and holds a master's degree in economics from the University of Canterbury, New Zealand. He also graduated from the Advanced Studies Program in International Policy Research at the Kiel Institute in Germany.
The Eurosystem’s TARGET2 transaction system introduces elements of fiscal union via the back door.
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