European leaders look increasingly willing to boost a European Union bailout fund, as the bloc's finance ministers prepare for a regular meeting in Brussels next week.
European Commissioner Michel Barnier Friday said the European Union has decided in principle to boost the support mechanism for cash-strapped member states and help to support the euro.
"The position of the EU is clear and there has been a decision to boost support mechanisms. The specifics of this will be decided by finance ministers," Mr. Barnier said at a press conference in Athens after meeting with Greek political leaders.
For more: Europe Leans Towards Expanding Rescue Fund - WSJ.com
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