The head of the European rescue fund, Klaus Regling:

  • Around €600 billion of uncommitted funds already available in EFSF
  • EU will make more funds available in March if needed
  • Finds in constantly surprising to hear that only ECB has resources to fight crisis
  • If Italy, Spain were to ask for a bailout the funds are available, no new borrowing needed
  • Populations not ready for United States of Europe

Nothing seems to be able to help the euro at the moment.