BLOOMBERG.COM European finance ministers pledged to roll out a bulked-up rescue fund next month, leaving Greece and Italy on the front lines until then in the fight against the debt crisis.
Europe is battling to regain the upper hand in the debt crisis after political dramas in Greece and Italy provided unexpected distractions and soured international confidence in a package of measures hammered out last month.
Finance ministers intend to complete legal and operational work by the end of November, with an implementation set for December, according to a presentation by the rescue fund, known as the European Financial Stability Facility.
Europe is battling to regain the upper hand in the debt crisis after political dramas in Greece and Italy provided unexpected distractions and soured international confidence in a package of measures hammered out last month.
Finance ministers intend to complete legal and operational work by the end of November, with an implementation set for December, according to a presentation by the rescue fund, known as the European Financial Stability Facility.
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