| Norway’s oil fund is “more unclear” on how Europe’s revamped bailout facility will work as the region plans to present its leveraged rescue fund next month in the hope of attracting investors.
“We are waiting for more information,” Trond Grande, the deputy chief executive officer of the nation’s $560 billion sovereign wealth fund, said in an interview in Oslo. “It’s more unclear for us how that construction would be.” He declined to comment on whether the fund bought bonds in yesterday’s 3 billion-euro ($4.1 billion) note sale by the European Financial Stability Facility...............................................Full Article: Source |