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Europe Daily Bulletin No. 10137

11 May 2010
GENERAL NEWS / (eu) eu/economy
Eurozone adopts hybrid financial stabilisation mechanism - ECB rallies to task

Brussels, 10/05/2010 (Agence Europe) - EU finance ministers have decided on a large-scale plan to help struggling countries whose problems jeopardise the integrity of the eurozone. An impressive array of cash and players is involved. Thus far, up to around EUR 750 billion will be available in the event of need from the EU, Member States' governments and also from the International Monetary Fund (IMF). This is on top of spectacular aid from the European Central Bank (ECB). Alongside these...

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