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Europe Daily Bulletin No. 10382

20 May 2011
GENERAL NEWS / (eu) eu/bailout fund
Timing of Irish and Portuguese loans

Brussels, 19/05/2011 (Agence Europe) - The EFSF bailout fund and the European Commission, which oversees the EFSM bailout fund, have issued a timetable for the raising of funds on the money markets to lend on to Portugal (see EUROPE 10380). Various amounts will be raised on the markets between 23 May and 15 July in order to cover the first loan payments to Portugal and Ireland, to the tune of €15.3 billion in total, explained the Commission in a press release. The International Monetary...

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