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EUROPOLITICS / Euro & EMU

Eurozone

EFSF to “fulfill commitments” despite downgrade

By Sarah Collins | Tuesday 17 January 2012

The head of the European Financial Stability Facility (EFSF), the eurozone’s €440 billion rescue fund, has said a ratings agency downgrade will not prevent it from funding current and future bailouts. “The EFSF has sufficient means to fulfill...


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