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Image header Agence Europe
Europe Daily Bulletin No. 10311
Contents Publication in full By article 14 / 35
GENERAL NEWS / (eu) eu/economy

08/02/2011 (Agence Europe) - Olli Rehn confident about boosting EFSF's lending capacity. Work on developing a comprehensive response to the eurozone sovereign debt crisis should include a boosting of the lending capacity of the European bailout fund and more flexible use of the EFSF, explained EU Economic and Monetary Affairs Commissioner Olli Rehn on Monday 7 February 2011. Upon request from the Netherlands, the conclusions document of the European Council last week give little information about the future of the EFSF in order to make any explanation of the fund conditional upon acceptance by the other member states of the Competitiveness Pact mooted by France and Germany (see EUROPE 10309). (M.B./transl.fl)

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