Bloomberg News

Juncker Says EFSF Rescue Fund Can Manage Without Outside Money

November 07, 2011

Nov. 7 (Bloomberg) -- Luxembourg’s Jean-Claude Juncker, who leads the group of euro-area finance ministers, said the success of the region’s rescue fund doesn’t depend on outside funding.

“We have two options” for leveraging the capacity of the European Financial Stability Facility “and only one of them foresees the participation of others,” Juncker said today in Brussels after leading a ministerial meeting. “We think we can also manage without the help of third countries.”

To contact the reporter on this story: Stephanie Bodoni in Brussels at sbodoni@bloomberg.net

To contact the editor responsible for this story: Jones Hayden at jhayden1@bloomberg.net


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