15.11.2011 - Progress on euro zone bailout fund leveraging options
The euro zone is working on two options for how to boost the firepower of its 440 billion euro (377 billion pound) European Financial Stability Facility bailout fund without putting more money into it. Rather than buy all the bonds of distressed sovereigns itself, the EFSF aims to increase private demand for them by offering partial guarantees in various forms.............................................Full Article: Source
Print