Klaus Regling, chief executive of the European Financial Stability Facility, said last week the fund hadn’t received any requests for financial aid, but funds could be made available within a month if needed.
Speaking in an interview with Nina Koeppen of Dow Jones Newswires, Regling, the 59-year-old German, who has worked as an economist and hedge fund manager and was appointed on July 1 to the post of chief executive of the EFSF, said he is confident that the fund in August will receive a AAA credit rating.