thespecialist
de culibus....
ecco
Funds are available to keep Italy, Spain in market-Regling
ROME, Dec 16 (Reuters) - Around 600 billion euros are
available to fight the euro zone's debt crisis and more will be
provided in March if needed, more than Italy and Spain's
combined funding needs for 2012, the head of Europe's bailout
fund saidon Friday.
"If Italy and Spain were to ask for support their gross
financing needs for 2012 are less than that (600 bln euros)and I
don't think they would need to be taken off the market,"
European Financial Stability Facility chief Klaus Regling said.
Speaking at a conference in Rome, Regling said a "staggering
amount" of more than 1 trillion euros had already been spent on
trying to solve the debt crisis, and around 100 billion euros
may be needed for the second Greek programme.
He said he found it "a bit surprising that I read every day
... that all these amounts are just insufficient and only the
ECB can do it."
Funds are available to keep Italy, Spain in market-Regling
ROME, Dec 16 (Reuters) - Around 600 billion euros are
available to fight the euro zone's debt crisis and more will be
provided in March if needed, more than Italy and Spain's
combined funding needs for 2012, the head of Europe's bailout
fund saidon Friday.
"If Italy and Spain were to ask for support their gross
financing needs for 2012 are less than that (600 bln euros)and I
don't think they would need to be taken off the market,"
European Financial Stability Facility chief Klaus Regling said.
Speaking at a conference in Rome, Regling said a "staggering
amount" of more than 1 trillion euros had already been spent on
trying to solve the debt crisis, and around 100 billion euros
may be needed for the second Greek programme.
He said he found it "a bit surprising that I read every day
... that all these amounts are just insufficient and only the
ECB can do it."