Klaus Regling to head euro bailout vehicle
Klaus Regling, a former director-general for the European Commission's economic and financial affairs wing, was named chief executive of the European Financial Stability Facility.
Regling took office on Thursday at the Luxembourg-based office, set up to provide a financial backstop for eurozone members who run into funding difficulties.
"The European Financial Stability Facility is an integral part of the framework to safeguard financial stability in Europe," Regling said. "It is important we
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