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Eurozone fund sells bonds despite jitters on Italy

26.02.13 @ 17:45

  1. By EUOBSERVER

Eurozone's Luxembourg-based bailout fund, the EFSF, on Tuesday sold €3 billion of three-year bonds despite fresh worries over the euro crisis due to Italy's inconclusive elections. The EFSF chief said it is already "close" to reaching its target of raising €16.5 billion of funds in the first quarter of 2013.