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Mayer Says Europe Needs Fund for `Worst Case Scenario'

Mayer Says Europe Needs Fund for `Worst Case Scenario'March 9 (Bloomberg) -- Thomas Mayer, arch economist at Deutsche Bank AG, talks about creating a lender of aftermost resort in Europe to affluence disruption acquired by the abortion of a euro affiliate to pay its bills. Mayer, who fabricated the angle for a European budgetary armamentarium forth with Daniel Gros, administrator of the Centre for European Policy Studies in Brussels, discusses how the armamentarium could action investors new EMF bonds in barter for defaulted securities. Mayer speaks with Bloomberg's Linzie Janis and David Tweed from Frankfurt.

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