Bloomberg News

Fekter Says Euro Area Has Reduced EFSF Leverage Options to Two

October 21, 2011

Oct. 21 (Bloomberg) -- Austrian Finance Minister Maria Fekter said the euro area has reduced the number of options under consideration for leveraging its temporary bailout fund to two.

Asked if euro-area finance ministers had made progress on the issue of leveraging the European Financial Stability Facility in a Brussels meeting today, she said they were “down to two options.” She declined to elaborate on the remaining options.

To contact the reporter on this story: Jonathan Stearns in Brussels at

To contact the editor responsible for this story: Patrick Henry at

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