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Europe Daily Bulletin No. 10446

7 September 2011
GENERAL NEWS / (ae) eu/euro
France endorses second Greek bailout

Brussels, 06/09/2011 (Agence Europe) - France is the first eurozone country to ratify the second Greek bailout, along with expansion of the powers of the European bailout fund, the EFSF, which will be able to buy up struggling countries' bonds and lend cash to enable countries to bail out their banks. On Tuesday 6 September, the French economy minister, François Baroin, said that France trusted the Greek government to implement the economic plan needed to win support from Europe and the...