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Europe Daily Bulletin No. 10451

14 September 2011
Contents Publication in full By article 11 / 30
GENERAL NEWS / (ae) eu/portugal
Funds to be raised next week for Portugal

Brussels, 13/09/2011 (Agence Europe) - The European Financial Stability Mechanism (EFSM) managed by the European Commission will be raising funds next week for Portugal, explained the Commission in a press release. The EFSM will borrow between €7 bn and €10 bn over a five to fifteen year period in two separate deals. The first will comprise ten year bonds (maturing therefore in September 2021). The EFSF eurozone bailout fund is not planning to raise funding until all the eurozone...

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