Reuters – The European Union is now discussing two options for giving the euro zone rescue fund more firepower — an insurance model and a special investment vehicle (SPIV).
The euro zone wants to boost the EFSF‘s firepower without putting more money into it, while France had dropped its idea of turning the fund into a bank to tap European Central Bank funds. European leaders will decide on which approach to take at the second leg of a EU summit on Wednesday (10/26/11). more> http://twurl.nl/57zwyb
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