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Europe Daily Bulletin No. 10155

9 June 2010
GENERAL NEWS / (eu) eurogroup
Eurozone's financial stability mechanism is in place

Luxembourg, 08/06/2010 (Agence Europe) - On Monday 7 June, eurozone ministers finalised the financial stabilisation mechanism on which they had agreed on 9 May (EUROPE 10137). With the signing of documents on the creation of a financial facility, the Europeans have acquired an additional intervention ability of €400 billion in order to help eurozone countries experiencing difficulties that could undermine the eurozone's integrity. Debt issuance from this entity will be guaranteed by member...

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GENERAL NEWS