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Europe Daily Bulletin No. 10586

31 March 2012
ECONOMY - FINANCE / (ae) eurogroup
Bailout capacity to be capped at €700 billion

Copenhagen, 30/03/2012 (Agence Europe) - On 30 March, eurozone finance ministers decided to raise the cap on lending capacity for the eurozone's bailout funds from €500bn to €700bn with an aim of preventing any further spread of the sovereign debt crisis, the “minimalist” view taken by Germany, the main contributor to the firewall, having won the day.

A very rare development took place in that the Eurogroup press conference due to report on the decision was cancelled. French...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE
SECTORAL POLICY
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
INSTITUTIONAL
EVENTS CALENDAR