英国《金融时报》 昆廷•皮尔 , 詹姆斯•威尔逊 法兰克福报道
The eurozone’s €440bn ($554bn) sovereign rescue fund will be operational by the end of the month and expects to be awarded a triple A credit rating in August, its new head said yesterday.
欧洲金融稳定安排(European Financial Stability Facility)首席执行官克劳斯•雷格林(Klaus Regling)昨日表示，这个4400亿欧元(合5540亿美元)的欧元区主权援助基金将在本月底之前开始运作，预计将在8月获得AAA信用评级。
Spelling out how the European Financial Stability Facility would operate, Klaus Regling, chief executive, said: “We will be ready to act whenever the politicians tell us to act.”
Mr Regling told the FT that the fund was a temporary crisis mechanism but could be extended beyond its intended three-year lifespan if any loans to eurozone governments were outstanding
Many investors have doubted whether the fund would earn a triple A credit rating – a badge of credibility meaning that it could borrow at the best possible rate. Only a minority of eurozone members backing the fund have a triple A rating.
Mr Regling said that specific measures had been taken to convince the rating agencies to award the fund a top rating, including the build-up of a cash reserve and a guarantee by member countries to pay up to 20 per cent more than their agreed shares of the fund. Rating agencies had also been told there was a “general commitment from euro area countries to do whatever else is needed to get the best possible rating”.
Eurozone governments agreed to set up the fund as the centrepiece of a €750bn package to calm market concern about the mounting debts of several states after the Greek debt crisis.
Governments can borrow if they agree to reform programmes designed by the International Monetary Fund, European Commission and European Central Bank.