World

Geithner won't seek bigger European bailout fund

WASHINGTON : US Treasury Secretary won't push European finance ministers to increase the size of their bailout fund when
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"Geithner does not plan to advocate for a bigger EFSF," the official said, referring to the 440 billion euro ($601 billion) European Financial Stability Facility they have established to help debt-strapped member countries.

 

Copyright Reuters, 2011