Client login

Chinese Whispers

After yesterday’s news about the eurozone, the markets have seen a welcome upswing. The ‘deal’ that has been agreed, though, now requires putting into practice. This has led the head of the eurozone’s bail-out fund (EFSF), Klaus Regling, to begin attempts to persuade China to invest in a scheme to help rescue member countries facing debt crises. This is likely to be a long process, but it is thought that China may pay about €70 billion into the fund which, it is hoped, will