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EUROPOLITICS / Euro & EMU

Eurozone

EU rescue fund should lend direct to banks - Rehn

By Sarah Collins | Tuesday 12 June 2012

Economic Affairs Commissioner Olli Rehn has said the eurozone’s future rescue fund, the €500 billion European Stability Mechanism, should be allowed to lend directly to banks in order to save taxpayers from funding future bank failures. “I find...


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