Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

Loan Modification

: Mortgage Lender Implode-o-Meter

Brussels Plans Bigger Euro Rescue Package

By Implode-Explode Heavy Industries

``European governments are considering an expansion of the euro rescue fund. The report states they want to increase the size of the current ?440 billion in guarantees. They are also considering allowing the European Financial Stability Facility (EFSF) to intervene in bond markets. In other words, in the future, EFSF would be able to directly purchase government bonds from crisis-plagued countries. So far, it has only guaranteed repayment of those bonds.''

Full post as published by Mortgage Lender Implode-o-Meter on January 13, 2011 (boomark / email).