Angela Merkel confirms an earlier report that she favors boosting the eurozone's firewall by...

|By:, SA News Editor

Angela Merkel confirms an earlier report that she favors boosting the eurozone's firewall by allowing the €200B left in the EFSF to "run parallel" to the €500B in the ESM "until it has been paid back by the program countries." Such a move would enable Merkel to avoid the need to seek domestic approval for increasing Germany's bailout exposure.