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  1. Business - Economy - EURO ZONE CRISIS

    No direct bank recapitalisation by ESM from January: Germany's Schaeuble

    Posted Sep 14th 2012, 03:48pm

    ... ministers’ talks in Cyprus. At the last European Union summit in June, leaders agreed to give the revamped 500-billion-euro (US$645 billion) ESM rescue fund-- signed on Thursday by German President ...

    http://www.scmp.com/business/economy/article/1036767/no-direct-bank-recapitalisation-esm-january-germanys-schaeuble

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