EU leaders accelerate payments to permanent rescue fund

03/2/2012 | Bloomberg

EU leaders are hammering out details for speeding up payments to the European Stability Mechanism amid international pressures to increase the firewall against the sovereign-debt crisis. "There will be an acceleration," European Council President Herman Van Rompuy said. "It could be starting with the payment of two tranches in 2012, but we have to take a definite decision."

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