login
login

Europe Daily Bulletin No. 10574

15 March 2012
ECONOMY - BUSINESS / (ae) greece
EFSF to provide €39.4 billion for second Greek bailout

Brussels, 14/03/2012 (Agence Europe) - On Wednesday 14 March, eurozone nations formally approved the second Greek bailout, which will provide aid of €130 billion over three years and will be accompanied by a €107 billion write-down of the country's debt held by private lenders (see EUROPE 10573). The politicians authorised the European Financial Stability Facility (EFSF) to make a first payment of €39.4bn (in several instalments). The chair of the Eurogroup, Jean-Claude Juncker, issued...

Contents

EUROPEAN PARLIAMENT PLENARY
ECONOMY - BUSINESS
SECTORAL POLICY
EXTERNAL ACTION
INSTITUTIONAL