Bloomberg News

Merkel Says ECB Won’t Be Forced to Commit to EFSF Leveraging

October 26, 2011

Oct. 26 (Bloomberg) -- Chancellor Angela Merkel reiterated the European Central Bank won’t be compelled to commit to a newly leveraged European bailout fund.

“Let me repeat: all models that rely on a participation of the European Central Bank are off the table and are not part of today’s deliberations,” Merkel told German lawmakers today in Berlin before heading to Brussels for the latest European summit.

To contact the editor responsible for this story: Patrick Donahue at pdonahue1@bloomberg.net


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