RTRS:EFSF rescue fund to remove bond clause on euro breakup
Dec 16 (Reuters) - Europe's EFSF temporary rescue fund will remove a provision providing for the break up of the euro from initial drafts of its latest bond prospectus, a source at the fund said on Friday, a move that underlines the growing sensitivity of the issue for EU officials.
The Financial Times reported on Thursday that the draft prospectus included explicit warnings to investors that the euro could break apart or even cease to be a "lawful currency" entirely.
A source at the fund told Reuters the clause had been inserted by lawyers drawing up documentation but had not been approved by management and would not feature in the final version.
"The sentence warning about the risk of euro zone break up was in square brackets in the draft and it will be removed," the source said.
