Sovereign Wealth Appetite for EFSF
Posted on 10/28/2011
Can sovereign wealth funds play a role in the saving of Europe? The European Financial Stability Facility (EFSF), a Luxembourg incorporated entity, has been in the news headlines in recent months. The EFSF will eventually be worth US$1.5 trillion after European leaders agreed to leverage existing guarantees 5x. Germany, France, and Italy are the three […]