Austria: Euro bailout fund will be $1.1 trillion

Austria’s finance minister says the 17 eurozone members will build a $1.1 trillion financial firewall against their debt crisis, though $400 billion of that has already been used for previous bailouts. Maria Fekter said Friday that the this figure should send a convincing message to financial markets and the eurozone’s international partners that the currency union can contain its two-year old debt crisis.

Source: RT.com

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