Proposal would allow loans of up to 10% of the size of country's economy.
By Rainer Buergin and Brian Parkin, Bloomberg News|October 20, 2011 at 04:54 AM|Originally published on Treasuryandrisk.Com
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Europe’s new bailout fund may be authorized to provide credit lines amounting to as much as 10 percent of a country’s economy, a draft document shows. Some German lawmakers said that would put an intolerable burden on taxpayers.