EFSF’s Regling Plans to Offer Investors 30% Guarantee, Bild Says
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Klaus Regling, who heads the European Financial Stability Facility, plans to offer potential investors in the fund a guarantee of as much as 30 percent on their investment, rather than the 20 percent currently offered, Bild-Zeitung reported.
The current insurance rate isn’t enough given the risk involved, the newspaper said, citing comments made by Regling to policymakers of the German Christian Social Union at Wildbad Kreuth in Bavaria last week. The CSU belongs to Chancellor Angela Merkel’s ruling coalition.