From RanSquawk
According to the FT, last-minute negotiations have commenced to create a much bigger financial "bazooka" to present at this week's EU summit that could include running ESM and EFSF together as well as winning increased support for the IMF. However, the report was later denied by a senior German government official
According to a senior German government official, he is more pessimistic than last week on overall summit deal. He also said that he can't foresee running EFSF
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