Bloomberg News

EFSF Still Has More Than 90 Percent of Capacity, Schaeuble Says

September 30, 2011

Sept. 30 (Bloomberg) -- The euro region’s rescue fund, the European Financial Stability Facility, still has more than 90 percent of its capacity available after bailing out Ireland and Portugal, German Finance Minister Wolfgang Schaeuble said.

“Just under 10 percent” of the fund’s 440 billion-euro capacity has been committed so far, he said in a speech to the upper house of parliament in Berlin today.

To contact the editor responsible for this story: Tony Czuczka at aczuczka@bloomberg.net


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