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German finance minister rules out rescue fund hike
AFP BERLIN — Germany's finance minister on Monday ruled out a hike in bailout fund guarantees by eurozone members following the ratings downgrade of nine countries by Standard and Poor's. "The guarantees for the EFSF (European Financial Stability Facility … France to Lose AAA Rating From S&P, Finance Minister Says Euro Leaders Race to Salvage Rescue Plans Eurozone rescue fund faces loss of AAA rating |