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View Full Version : Merkel Could Save Taxpayer Money With Bigger Bailout Fund - Bloomberg



NewsWhore
03-29-2012, 06:50 PM
Merkel Could Save Taxpayer Money With Bigger Bailout Fund (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNENJqooC8Dk-jX3KgLNPaile-rayg&url=http://www.bloomberg.com/news/2012-03-29/merkel-could-save-taxpayer-money-with-bigger-bailout-fund.html)
Bloomberg
To restore confidence in the common currency once those losses are taken, euro-area nations -- with the help of the European Central Bank -- would have to demonstrate the ability to raise a war chest of at least 3 trillion euros ($4 trillion).

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