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Europe Daily Bulletin No. 10434

5 August 2011
GENERAL NEWS / (ae) eu/euro
Barroso wants re-assessment of support fund capacity

Brussels, 04/08/2011 (Agence Europe) - Decisions taken on 21 July by eurozone leaders, although not yet implemented, already seem overtaken by events in recent days. The president of the European Commission, José Manuel Barroso, has written to the heads of state or government of the euro area to suggest that they re-assess the capacity of the European Financial Stability Facility (EFSF). He considers that the debt crisis extends beyond the fragile eurozone countries.

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