Up to Two Trillion Europe Plans to Leverage Euro-Zone Bailout Fund

Officially, the ESM permanent euro-zone bailout fund is worth 500 billion euros. That, though, might not be enough, which is why euro-zone governments are now planning to introduce levers that could mobilize up to 2trillion euros, SPIEGEL has learned. Finland, though, is skeptical of the idea.
German Finance Minister Wolfgang Schäuble is in favor of leveraging the ESM. Here, during his 70th birthday celebrations last week.

German Finance Minister Wolfgang Schäuble is in favor of leveraging the ESM. Here, during his 70th birthday celebrations last week.

Foto: Patrick Seeger/ dpa
cgh/SPIEGEL
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