The anti-crisis fund of the European Union "remains as it is". Word from Germany. The German Government's response to the numerous appeals that have been made in recent days to increase the size of the EFSF was flat. In this sense, the president of the European Commission José Manuel Barroso and the European Commissioner for Economic Affairs Olli Rehn expressed their views.
At the extraordinary meeting of Eurozone leaders held on 21 July it was decided to expand the powers of the fund to allow it to purchase government bonds of Eurozone countries also on the secondary market. But it was also confirmed that the EFSF will maintain "the size it already had on 21 July", as the Berlin spokesman recalled today.
