Kraemer on European Stability Mechanism, EU

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March 25 (Bloomberg) -- Moritz Kraemer, managing director of European sovereign ratings at Standard & Poor’s, discusses the European Stability Mechanism, the euro area's permanent bailout fund. Leaders reached an accord Monday and conclude two days of meetings in Brussels today to endorse the package. Already the EU bowed to Germany's demand to pare the fund’s paid-in capital as of 2013. Kraemer speaks with Erik Schatzker on Bloomberg's Television "InsideTrack." (Source: Bloomberg) (Source: Bloomberg)

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