Bloomberg News

Barroso Says EFSF Should Be Maximized, ESM Launch Accelerated

October 12, 2011

Oct. 12 (Bloomberg) -- European Commission President Jose Barroso said the European Union must “maximize” the capacity of the temporary European Financial Stability Facility and accelerate the launch of the permanent European Stability Mechanism, “preferably” to mid-2012. He spoke to the European Parliament in Brussels today.

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