Germany floated the idea of combining Europe’s two rescue funds, in a concession to bolster the fight against the fiscal crisis as Greece bargained with bondholders over debt relief.
The central bank has drawn encouragement from pledges by political leaders to turn Europe into a low-debt economy, enforced by a fiscal treaty to be discussed by the finance ministers. Nominees will be discussed tonight, with no decision likely until the next meeting on Feb. 20.
The central bank has drawn encouragement from pledges by political leaders to turn Europe into a low-debt economy, enforced by a fiscal treaty to be discussed by the finance ministers. Nominees will be discussed tonight, with no decision likely until the next meeting on Feb. 20.
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