BERLIN — European finance ministers agreed on Friday to bolster the total capacity of their bailout funds to $933 billion, a temporary measure to convince investors that they are serious about helping struggling countries repay their debts.Read the rest here.
After meeting in Copenhagen, the euro zone finance ministers announced that they would substantially increase their commitments for a new permanent bailout fund to $667 billion. They said they will also make available an additional $267 billion from an earlier bailout until mid-2013.
is the blog of an Orthodox Christian and is published under the spiritual patronage of St. John of San Francisco. Topics likely to be discussed include matters relating to Orthodoxy as well as other religious confessions, politics, economics, social issues, current events or anything else which interests me. © 2006-2024
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