Europe moves toward bailout fund — knowing the real debate is to come

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One by one, European parliaments are blessing a $600 billion bailout fund considered an important step in solving the region's financial crisis.

But there is an unspoken problem: The fund may not be big enough to do a job that involves backing such major countries as Italy and Spain and boosting capital levels in the region's financial system.

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Ylan Q. Mui 30 Sep, 2011


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Source: http://feeds.washingtonpost.com/click.phdo?i=c1970391610a15b99ebe8a93f108578e
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