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APNewsBreak: Document shows eurozone considers 2 options to leverage bailout fund's capacity
BERLIN (AP) ' A document obtained by The Associated Press shows eurozone governments are considering two forms of leveraging to boost their euro440 billion bailout fund's capacity.
German lawmakers said Monday that the fund's capacity will be boosted beyond euro1 trillion ($1.39 trillion) under the new rules.
The eurozone document, which Germany's government was sharing with its lawmakers Monday, shows the 17-nation currency zone wants to give the bailout fund the ability to provide investors with a partial insurance against losses from its member states' government bonds.
The document also foresees setting up a special investment vehicle "to attract a broad class of international public and private investors" such as sovereign wealth funds to buy eurozone government debt.