The capacity of Europe's permanent bailout fund could be bolstered by using the untapped money from the European Financial Stability Fund (EFSF), European Central Bank Executive Board member Joerg Asmussen reportedly said.
Citing his interview, Financial Times Deutschland reported that such an arrangement could take the total size of the European Stability Mechanism (ESM) to EUR 750 billion.
Asmussen said the ESM could use EUR 250 billion-worth untapped funds from the EFSF and that the ECB would support such an arrangement, the newspaper said. Japan and China have offered to support Eurozone via the International Monetary Fund to resolve the debt crisis.