Germany Wants ECB To Return €35 Billion To EFSF
First Published Wednesday, 16th May 2012 01:56 am - © 2012 Dow Jones
Germany is demanding that the European Central Bank return EUR35 billion ($44.6 billion) to the European Financial Stability Facility, German daily Financial Times Deutschland reported Wednesday, without citing its sources.
The EFSF had extended the EUR35 billion as a risk guarantee during the recent exchange of Greece's government debt, the newspaper said. Germany contends the operation went as planned, the newspaper said.
Newspaper website: http://www.ftd.de
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