Bloomberg News

Seibert Says Two, Not Mutually Exclusive Leverage Tools in Talks

October 24, 2011

Oct. 24 (Bloomberg) -- Steffen Seibert, German Chancellor Angela Merkel’s chief spokesman, said European leaders are discussing two “not mutually exclusive” tools to boost the firepower of the euro’s bailout fund.

Neither model involves a role for the European Central Bank, Seibert added today at a regular press conference in Berlin.

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


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