Germany Open to Speedier Rescue Fund Payment, Handelsblatt Says

Germany may be open to starting its share of 80 billion euros ($107 billion) in cash infusions to the European Stability Mechanism permanent rescue fund sooner than previously agreed, Handelsblatt reported, citing unnamed government sources.

Speedier payment may mean that an initial portion of Germany’s 21.5 billion-euro share of the payment, structured now in five 4.3 billion-euro annual tranches, could be paid next year, the newspaper said in an e-mailed preview of an article to be published tomorrow.

To contact the reporter on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

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