Relevant:
- S&P downgrades euro zone's EFSF bailout fund
- EFSF "Grand Leverage Plan" All But Dead
- Germany's Top Judge Throws Major Monkey Wrench Into Leveraged EFSF Machinery, Demands New Constitution and Popular Referendum for Further Powers
- Moody's cuts France's AAA rating 1 notch, outlook negative
- EFSF capitulation
2011-10-18 — telegraph.co.uk
``Professor Ansgar Belke, from Berlin's DIW Institute, said any leveraging of the EFSF would be "poisonous" for France's AAA rating and would set off an uncontrollable chain of events.''
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