Reuters: US Dollar Report: EU's Rehn sees compromise on strong euro zone firewall

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EU's Rehn sees compromise on strong euro zone firewall Mar 27th 2012, 09:23 BRUSSELS, March 27 | Tue Mar 27, 2012 5:23am EDT BRUSSELS, March 27 (Reuters) - Euro zone finance ministers will find a compromise on the size of the bloc's bailout fund for indebted countries at a meeting later this week, the EU's top economic official said on Tuesday, although he declined to be drawn on details. "We have already taken significant decisive steps towards a stronger and permanent firewall to contain contagion and calm down market instability if it arises," EU Economic and Monetary Affairs Commissioner Olli Rehn told a news conference. "Further reinforcement will be decided on Friday, which will help us remove any remaining doubts. I am confident we can reach a confidence-building compromise," Rehn said. Finance ministers meet on Friday in Copenhagen where they are expected to agree on the design and the combined size of the bloc's rescue funds.

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