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Europe Daily Bulletin No. 10533

18 January 2012
ECONOMY - FINANCE / (ae) euro
Regling and Juncker reassure markets on S&P downgrade of EFSF

Brussels, 17/01/2012 (Agence Europe) - The lending capacity of the European Financial Stability Facility (EFSF) will not be affected by the loss of its triple-A credit rating, explained EFSF director general Klaus Regling on Tuesday 17 January, adding in a press release that the downgrade to AA+ by a single rating agency will not affect the EFSF's lending capacity (€440 billion) because it has enough means at its disposal to meet its commitments under current and future economic adjustment...

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