Saturday, September 15, 2012

EUROPE STABILISING: EFSF

Europe, which is battling a financial crisis, is progressing on the right track and the results will
start coming in after a year, Klaus Regling, chief executive officer, European Financial Stability
Facility based in Luxembourg, EFSF is set up and financed by the 17 member countries of the
European Union in 2010 to address the sovereign debt crisis in the region.

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