Merkel: Leveraging EFSF More Difficult Than Expected
January 11, 2012
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Europe Update: Merkel Says Leveraging of EFSF Tougher Than Expected
Speaking at a press conference, German Chancellor Merkel says EFSF leveraging has been more difficult than expected.
Merkel repeated that Germany has been willing to pay more capital into ESM at the start and that the EFSF still has €250 billion available
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