The European Commission will present options on euro area bonds, according to the Commission's president, Jose Manuel Barroso, who expressed that these options will not bring direct solution for the debt crisis in the zone.

Barroso told the European Parliament I want to confirm that the Commission will soon present options for the introduction of euro bonds, while Some of these could be implemented within the terms of the current treaty, and others would require treaty change, the president added.

But we must be honest: this will not bring an immediate solution for all the problems we face and it will come as an element of a comprehensive approach to further economic and political integration, Barroso said.