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Image header Agence Europe
Europe Daily Bulletin No. 10373
Contents Publication in full By article 10 / 35
GENERAL NEWS / (eu) eu/portugal

Eurogroup to set interest rate and loan maturity date

Brussels, 06/05/2011 (Agence Europe) - The Eurogroup meeting of eurozone finance ministers on Monday 16 May will decide on the interest rate and maturity date for the loans to be granted to Portugal by the EU, explained a spokesperson for EU Economic and Monetary Affairs Commissioner Olli Rehn on Friday 6 May. The loans will require the introduction of a strict austerity package (see EUROPE 10372 and 10371), added the spokesman, explaining that a new calculation method for such loans had...

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