login
login

Europe Daily Bulletin No. 10386

26 May 2011
Contents Publication in full By article 10 / 40
GENERAL NEWS / (eu) eu/bailout fund
Nearly €5 billion for Ireland and Portugal

Brussels, 25/05/2011 (Agence Europe) - On Tuesday 24 May, the European Commission, which runs the EFSM bailout fund, issued on behalf of the EU triple-A rated ten-year bonds to provide financial backing to Ireland and Portugal. At the end of the month, €3billion will be provided to Ireland and €1.75 billion to Portugal. The interest rate on the bonds is around 3.5%. In a press release, the Commission says that the success of this third bond issue demonstrates investors' appetite and...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS