The euro zone can extend financial support to fund a 200 billion euro

Market news

16 March 2012

The euro zone can extend financial support to fund a 200 billion euro

According to informed sources, the eurozone may extend the total amount of funds save nearly 700 billion euros, compared with existing currently 500 billion euros.

Recall that the finance ministers of the bloc will discuss changes in the size of the European Foundation for the European financial stability and stabilization mechanism at a meeting to be held in Copenhagen from 30-31 March.

U.S. stocks were little changed

European stocks closed in plus:FTSE 100 5,965.58 +24.86 +0.42%, CAC 40 3,594.83 +14.62 +0.41%, DAX 7,157.82 +13.37 +0.19%

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