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Image header Agence Europe
Europe Daily Bulletin No. 10681
ECONOMY - FINANCE - BUSINESS / (ae) eurozone

ECB or eurozone bailout fund aid will have strings attached

Brussels, 04/09/2012 (Agence Europe) - Details will emerge over the next few days of coordinated intervention on the markets by the European Central Bank (ECB) and the eurozone bailout funds to bring down the cost of eurozone refinancing, with a highly awaited ECB meeting and an informal meeting of the Eurogroup in Nicosia on 14-15 September.

An official request to the eurozone bailout funds for aid would be the start of the process. Such a decision would have a high political cost for the...

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