- EU OFFICIALS WEIGH RUNNING TWO RESCUE FUNDS TOGETHER, FT SAYS
- EU WEIGHS RUNNING TWO RESCUE FUNDS, MORE IMF SUPPORT: FT
- EU WEIGHS GIVING ESM ACCESS TO ECB FUNDING, FT SAYS
In other words, Europe has now given up on nuances and has resorted to nuclear rumormongering: it is commingling all failed funds and adding the IMF. That the EFSF was unable to raise €3 billion (and only did so with underwriters retaining half of the issued bonds) on its way to €1 trillion (let alone €2) remains irrelevant.