Roesler Opposes Increase in Euro Bailout Funds, Passauer Says

German Economy Minister Philipp Roesler opposes international calls to make Europe’s permanent rescue fund bigger, the Passaer Neue Presse newspaper reported, citing an interview.

There is “currently no need” to boost the European Stability Mechanism, Roesler was cited as saying.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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