''No decisions have been taken yet, euro zone officials with knowledge of the talks said, not least because the package is likely to include a broad set of commitments.
There will be some discussion of the contents of the package at a European Union summit on February 4, but a senior euro zone source said leaders would mostly provide policy guidance at that meeting, with final decisions taken only in March.
Below are policy ideas that have been discussed formally or informally; some face strong opposition from Germany and appear unlikely to make it into the package.
INCREASING THE EFFECTIVE LENDING CAPACITY OF THE EFSF
There is a strong chance of this step being adopted. The nominal lending capacity of the European Financial Stability Facility, the euro zone bailout fund, is 440 billion euros, but because of a system of guarantees to secure a triple-A credit rating, the special purpose vehicle has an effective lending capacity of only around 250 billion euros..'' REUTERS
read more..There will be some discussion of the contents of the package at a European Union summit on February 4, but a senior euro zone source said leaders would mostly provide policy guidance at that meeting, with final decisions taken only in March.
Below are policy ideas that have been discussed formally or informally; some face strong opposition from Germany and appear unlikely to make it into the package.
INCREASING THE EFFECTIVE LENDING CAPACITY OF THE EFSF
There is a strong chance of this step being adopted. The nominal lending capacity of the European Financial Stability Facility, the euro zone bailout fund, is 440 billion euros, but because of a system of guarantees to secure a triple-A credit rating, the special purpose vehicle has an effective lending capacity of only around 250 billion euros..'' REUTERS
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