Nein To 'Nuclear Option' Germany Opposes French Call for Trillion-Euro Bailout Fund

Ahead of a meeting of euro-zone finance ministers in Copenhagen Friday, France has called for the size of the permanent euro bailout fund to be increased to 1 trillion euros, echoing a previous call by the OECD. Although Germany said it would agree to an increase in the fund earlier this week, Finance Minister Wolfgang Schäuble says a trillion goes too far.
German Finance Minister Wolfgang Schäuble: "€800 billion has to suffice."

German Finance Minister Wolfgang Schäuble: "€800 billion has to suffice."

Foto: THOMAS PETER/ Reuters