euro debt fund likely to miss 1 trillion euro mark
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Euro debt fund likely to miss 1 trillion euro mark

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Arab Today, arab today Euro debt fund likely to miss 1 trillion euro mark

Brussels - AFP

The eurozone will likely fall short of its goal to increase the firepower of the debt rescue fund to one trillion euros, Eurogroup chief Jean-Claude Juncker said on Tuesday. "We haven't lowered our ambitions but the conditions have changed, so it will probably not be one trillion euros but less," he told reporters after chairing a meeting of eurozone finance ministers. "But it will still be substantial."  

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