Author (Person) | Pignal, Stanley, Spiegel, Peter |
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Series Title | Financial Times |
Series Details | 15.2.11 |
Publication Date | 15/02/2011 |
Content Type | News |
Eurozone Finance Ministers meeting in the Eurogroup on the 14 February 2011 have backed a doubling of the full lending capacity of the future EU bail-out fund. From 2013, the European Stability Mechanism, a permanent rescue mechanism to replace the European Financial Stability Facility (EFSF), the current bail-out arrangement, will have an effective lending capacity of €500 billion. |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |
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