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Date: 30/03/2012, 13:52
New fund to bail out eurozone than 800 billion euros
Austrian Finance Minister Maria Feker said today that 17 countries that use currencies like euro dogovorija permanent fund to help prezadolzhenite States to be 800 billion euros, of which 300 billion euros have already been used so far paid help.
This means that the euro will have an extra 500 euros miliajrdi help their prezadolzheni States.
Agreement to increase the size of the fund for assistance is the main theme of the two-day meeting of finance ministers of the countries of the eurozone, which began today in Copenhagen.
Fekter said the figure of 800 billion euros should send a resounding message to financial markets and international partners of the euro, that that block will be able to deal with its two-year debt crisis.
Austrian minister added that about 240 billion euros remained unused by the current economic fund will be available by mid 2013.
- However, that amount should be available only until the new permanent fund, called the European stabilizing mechanism (ESM) does not reach its full capacity of 500 billion euros, said Fekter.
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New fund to bail out eurozone than 800 billion euros
Austrian Finance Minister Maria Feker said today that 17 countries that use currencies like euro dogovorija permanent fund to help prezadolzhenite States to be 800 billion euros, of which 300 billion euros have already been used so far paid help.
This means that the euro will have an extra 500 euros miliajrdi help their prezadolzheni States.
Agreement to increase the size of the fund for assistance is the main theme of the two-day meeting of finance ministers of the countries of the eurozone, which began today in Copenhagen.
Fekter said the figure of 800 billion euros should send a resounding message to financial markets and international partners of the euro, that that block will be able to deal with its two-year debt crisis.
Austrian minister added that about 240 billion euros remained unused by the current economic fund will be available by mid 2013.
- However, that amount should be available only until the new permanent fund, called the European stabilizing mechanism (ESM) does not reach its full capacity of 500 billion euros, said Fekter.
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