Pressure Rises to Bolster European Bailout Fund

Several European economies have been struggling during the economic recession. Many of the countries have come before the European Union to ask to be bailed out. Originally, the bail out fund was tabbed to be 750 million, however with recent troubles arising from Spain and Portugal the Belgian finance director has been leading a push to increase the fund to 1 trillion dollars. One major road block to this plan is the fact that the largest economies would be asked to contribute more to the fund. Many of these countries are a bit reluctant to committ to floating the bill for some of the struggling countries.