Head of bailout fund Klaus Regling says Ireland’s debts are sustainable and default would be ‘unwise’
IRELAND’S EXPANDING bank rescue just got bigger, Portugal’s plight worsens by the day and Greece seems as far away as ever from salvation. But Klaus Regling, chief of the euro zone bailout fund, insists EU leaders have finally turned the corner in their titanic battle against the sovereign debt crisis.
IRELAND’S EXPANDING bank rescue just got bigger, Portugal’s plight worsens by the day and Greece seems as far away as ever from salvation. But Klaus Regling, chief of the euro zone bailout fund, insists EU leaders have finally turned the corner in their titanic battle against the sovereign debt crisis.
