Mar 29

– Eurozone finance ministers must raise ONE TRILLION euro bailout for the ‘mother of all firewalls’ says OECD chief (Daily Mail, Mar 27, 2012):

The eurozone bailout fund should be increased to 1 trillion euros to provide ‘the mother of all firewalls’, the head of a leading international development body said today.

Angel Gurria, the secretary general of the Organization for Economic Co-operation and Development (OECD), said eurozone finance ministers need to impress finance markets with the size of their rescue fund for indebted countries when they meet later this week.

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