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EU bail-out fund operational in July 2012, says Rehn

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Published on Jan 24, 2012

Vice-president for Economic and Monetary Affairs olli Rehn on Tuesday told journalists during a press conference at the European Council that the European Stability Fund will be "in place and operational" from 1st July 2012. Rehn also added that the ESM and the fiscal compact treaties will be linked in order to ensure efficiency.

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