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Ministers agree to bolster bailout fund, but euro fears persist

Eurozone finance ministers have agreed to increase the capacity of the European Financial Stability Facility (EFSF) bailout fund.

Ministers agree to bolster bailout fund, but euro fears persist

Wed, 30 Nov, 2011 - 07:15

Eurozone finance ministers have agreed to increase the capacity of the European Financial Stability Facility (EFSF) bailout fund.

However the EFSF, which currently has resources of €440bn, will not now be elevated to a €1tn.

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