24.01.2011 - 11:49 [ Nasdaq ]

EU outlook improving without increasing EFSF

European leaders seem to have plotted the right strategy, or at least reacted well to developments. Eurogroup chairman and Luxembourg Prime Minister, Jean-Claude Juncker said there was agreement among European leaders to leave the EFSF unchanged in its size, and only increase its flexibility, allowing it to lend all of its 440 billion euros.