Knut names Germany as main hurdle to bailout fund - News - Dukascopy Bank

Fri, 06 Jan 2012 08:40:57 GMT
Source: Bloomberg
 
© Scanpix/AFP
Germany has to support more financing to boost emergency bailout fund and rescue the Euro Zone, said Klaas Knut, the member of ECB Governing Council. German officials are likely to refuse increasing financing for the Euro Zone bailouts. Angela Merkel has refused calls to intensify bailout funding, instead emphasizing the role of budget discipline as a tool for curtailing debt crisis.

 


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