Lagarde seeks debate on wider powers for EU fund

Article reported that Christine Lagarde, French Finance Minister, had said on the 14 January 2011 that France was ready to discuss allowing the eurozone’s €440bn bail-out fund to start buying the bonds of struggling European economies amid signs of consensus that it would become the primary new tool for tackling Europe’s ongoing debt crisis.

The item was on the agenda of the meeting of EU Finance Ministers in Brussels, 17 January 2011.

ESO: Background information: Germany backs wider rescue fund role http://www.europeansources.info/record/germany-backs-wider-rescue-fund-role/

EurActiv, 17.1.11: EU finance chiefs mull widening bailout fund http://www.euractiv.com/euro-finance/eu-finance-chiefs-mull-widening-news-501296

BBC News, 14.1.11: Europe considering boosting euro bail-out fund http://www.bbc.co.uk/news/business-12190153

Deutsche Welle, 17.1.11: Deeper pockets for eurozone bailout fund split Berlin and Brussels http://www.dw-world.de/dw/article/0,,14770630,00.html

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