European Financial Stability Facility
latest news & developmentsEurozone needs ‘mother of firewalls’ to halt crisis
The head of the OECD has said that the eurozone needs to build "the mother of all firewalls" to prevent the crisis from spreading throughout the bloc.
Pressure eases off eurozone debt fears
Financial market pressure on the euro zone eased a little this week as Italy’s borrowing costs fell and bank shares stabilised.
Sarkozy, Merkel push euro integration, no joint bonds
France and Germany unveiled far-reaching plans for closer eurozone integration, but maintained a common euro bond issuance would have to wait.