Cameron Suggests ECB Takes Bigger Role in Euro Bailout Fund
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U.K. Prime Minister David Cameron suggested that the European Central Bank should use its resources to underpin the euro-area bailout fund and give it enough capacity to rescue the region’s larger economies.
“If the leaders of the euro zone want to save their currency then they, together with institutions of the euro zone, must act now,” Cameron said in a speech in London today. “The longer the delay, the greater the danger.”