Saturday, December 04, 2010 7:17 PM

Euro Infighting Continues as Belgium Breaks Ranks with Germany and France; Pressure Cooker Gauge on Red

Infighting over the size of the bailout fund has broken out as the Belgian Finance Minister Breaks Rank with German Chancellor Merkel http://noir.bloomberg.com/apps/news?pid ... Ktuf8V9Tns

Belgian Finance Minister Didier Reynders said the euro region could increase the size of its 750 billion-euro ($1 trillion) bailout fund, breaking ranks with German Chancellor Angela Merkel and France’s Nicolas Sarkozy.

Reynders told reporters in Brussels that the current cash pool could be increased if governments decide to create a larger fund as part of a permanent crisis mechanism in 2013. “If we decide this in the next weeks or months, why not apply it immediately to the current facility?â€