Bloomberg News

New ECB Role in EFSF May be ‘Difficult,’ Rehn Tells Handelsblatt

October 21, 2011

Oct. 21 (Bloomberg) -- Enrolling the European Central Bank to help boost the firepower of the European bailout fund may be difficult, the European Union’s Economic Commissioner Olli Rehn said in a Handelsblatt interview.

‘Indeed we must be careful what the EU treaty allows and what it doesn’t. A direct link between ECB refinancing and the EFSF could be difficult,’’ Rehn is cited as saying.

To contact the editor responsible for this story: Brian Parkin at bparkin@bloomberg.net


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