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Showing posts with label Je. Show all posts
Showing posts with label Je. Show all posts

Tuesday, June 21, 2011

Euro Bounces Back Slightly On Report Of EFSF Expansion

NEW YORK (Dow Jones)--The euro experienced a bump up on a report Monday of an expansion of the European Financial Stability Facility, or EFSF, a fresh sign of support for the under-pressure currency.

Jean-Claude Juncker, head of the Eurogroup of finance ministers, said euro-zone officials will increase EFSF effective lending capacity to EUR440B.