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Image header Agence Europe
Europe Daily Bulletin No. 10646
ECONOMY - FINANCE - BUSINESS / (ae) euro

Finnish opposition will not veto ESM debt purchase

Brussels, 02/07/2012 (Agence Europe) - The Finnish government will not veto the option of the eurozone bailout funds, EFSF and ESM, buying up the public debt of eurozone nations that meet their macroeconomic and budget commitments, but are finding it difficult to roll over their debt on the money markets. The pledge was made in a report on the outcome of the European summit for the Finnish parliament (see EUROPE 10645).

Last Friday, the eurozone summit decided that the bailout funds would...

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