Sunday, November 19, 2017
 
 
News: Page (1) of 1 - 10/26/11 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Belgian premier: bailout fund needs more than euro1bn
Belgian premier: bailout fund should have more than euro1 bln to keep debt crisis from spreading
By The Associated Press

BRUSSELS (AP) ' The prime minister of Belgium says the eurozone's bailout fund should have a firepower of more than euro1 trillion ($1.4 trillion) to prevent the currency union's debt crisis from spreading.

Yves Leterme said Tuesday "I think that effectively, it has to be able to intervene a good deal beyond euro1 trillion."

He was heading into a crucial emergency summit of European leaders in Brussels.



At the summit, the leaders will seek to set up a complicated scheme to give the euro440 billion bailout fund more leverage, reduce Greece's massive debt and strengthen banks across the continent.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines