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Europe Daily Bulletin No. 10558

22 February 2012
ECONOMY - FINANCE - BUSINESS / (ae) eurogroup
Rehn and Juncker say ESM and EFSF must be combined

Brussels, 21/02/2012 (Agence Europe) - Eurogroup President Jean-Claude Juncker and Commissioner with responsibility for the euro Olli Rehn have recommended increasing the European anti-crisis firewall to €750 billion by bringing together the resources of two rescue funds: the €500 billion of the new European Stability Mechanism (ESM) and the €250 billion of the European Financial Stability Facility (EFSF). Juncker said on Tuesday 21 February that he hoped the decision would be taken at...

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