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Boosting bailout fund to €2tn 'completely illusory', says Berlin

25.09.12 @ 11:54

  1. By EUOBSERVER

Germany on Monday dismissed a press report suggesting that the eurozone's bailout fund (ESM) could attract foreign investors in order to boost its firepower from €500bn to €2tn. A spokesman for Finance Minister Wolfgang Schaeuble told a regular news briefing that the figure was unrealistic and "completely illusory."

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