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Rescue Fund Overhaul May Lead to Aid for Spain, Italy as Germany Objects

  • 20.10.2011
  • By Rainer Buergin and Brian Parkin, Bloomberg
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The expanded EFSF may be allowed to purchase up to 10 percent of a country's economy according to a draft on the new proposal. The German opposition has said that the new size of the fund would be heavily burdened by Germany, a country that has spent many years bailing out its formerly communist part.

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