Bloomberg News

EU Is ‘Flexible’ on Leveraging EFSF; Sees Different Options

October 20, 2011

Oct. 20 (Bloomberg) -- The European Commission said it’s “flexible” on how the European Financial Stability Facility is leveraged, saying there are different options available.

“Theoretically, there are different options to leverage the EFSF,” commission economics spokesman Amadeu Altafaj told reporters in Brussels today. “What counts now is the political will and the discussions have to take place.”

“What the commission wants to achieve is clear, on the means we are flexibile, but they have to be acceptable to all stakeholders of the EFSF,” he said.

To contact the reporter on this story: Jim Brunsden in Brussels at jbrunsden@bloomberg.net

To contact the editor responsible for this story: Andrew Clapham at aclapham@bloomberg.net


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