Schaeuble also proposes such debt is not "risk free".

Clearly Schaeuble is correct as proven by Greece and Cyprus. Differences in bond yields also offer proof.

To mitigate risk, the Netherlands and Germany are pushing for rule changes.. Would doing so create a different kind of risk?

Stampede Risk

The Sovereign-Debt Debate divides the Eurozone.

European Union finance ministers split over whether to impose restrictions on banks' holdings of government bonds, as German Finance Minister Wolfgang Schaeuble found scant support from skeptical colleagues for his push to overhaul existing rules.