The Man Responsible for Saving the Euro

BoyRacer · September 17, 2010, 10:36pm

The Man Responsible for Saving the Euro -> spiegel.de/international/bus … 08,00.html

Klaus Regling has been tasked with saving Europe’s common currency. At his disposal are a dozen employees and 440 billion euros. He has spent recent weeks preparing for the worst.

There is nothing in Klaus Regling’s new office to indicate that this is the place where €440 billion ($560 billion) in bailout funds will be activated, if necessary. The furniture is used, the shelves are empty and the blue carpeting is worn.

The walls could use a new coat of paint, and slightly darker rectangles reveal where the previous tenants’ pictures were hanging. Regling has already brought his own piece of art, the only personal item in the 25-square-meter (270-square-foot) space. The picture of an idyllic village in Bali is leaning against the wall. Regling hasn’t had any time to put it up yet. He’s been far too busy preparing to save the euro.

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