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Bond rescues are 'not a subject for debate right now' Merkel said (Photo: vauvau)

No 'concrete' plans for bonds rescue, Merkel says

German Chancellor Angela Merkel on Wednesday (20 June) said there are no concrete plans for the eurozone bail-out funds to buy bonds in order to relieve market pressure on Italy and Spain, even though this was one "option."

"There are no concrete plans that I know of but there is the possibility in the EFSF and the ESM to buy bonds on the secondary market, bound up of course always with conditions," Merkel said during a press conference in Berlin after meeting her Dutch counterpart.

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Bond rescues are 'not a subject for debate right now' Merkel said (Photo: vauvau)

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