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Apr 10, 2011

EFSF and ESM compared

The Financial Times made a comparison of the temporary bail-out fund called European Financial Stability Facility on the one the left and the permanent bail-out machanism, which will replace the EFSF in mid-2013, called Europe Stability Mechanism.

Both (will) provide bail-outs for Eurozone members in trouble.

http://www.ft.com/cms/0102375e-5715-11e0-9035-00144feab49a.gif

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