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Loan Modification

: Mortgage Lender Implode-o-Meter

France and Germany veto increase in EU rescue fund

By Implode-Explode Heavy Industries

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``The response in Paris and Berlin was chilly. "We think the fund is big enough," said Francois Baroin, France's budget minister. German Chancellor Angela Merkel said the bail-out mechanism was "nowhere near exhaustion", adding curtly that she did not wish to debate the matter "any further".''

Full post as published by Mortgage Lender Implode-o-Meter on January 14, 2011 (boomark / email).

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