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MNI SOURCES: EU May Turn To ESM As Bonds Dive

By David Thomas
     BRUSSELS(MNI) - Eurozone finance ministers are looking at ways to use the
European Stability Mechanism to respond to a steep sell-off in government bonds,
a source close to Eurogroup discussions told MNI.
     "There is a mandate to look at ways to involve ESM," the source said. "All
options are on the table."
--MNI London Bureau; +44 203 865 3829; email: jason.webb@marketnews.com
[TOPICS: M$X$$$,MT$$$$,MX$$$$,M$$FI$,MGX$$$]

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