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Europe Daily Bulletin No. 10706

10 October 2012
ECONOMY - FINANCE - BUSINESS / (ae) portugal
Next instalment of aid released and budget targets changed

Luxembourg, 09/10/2012 (Agence Europe) - Pleased with the progress being made in Portugal with the structural adjustment programme connected with the international bailout, the country's European lenders decided on Monday 8 October to release the next instalment of aid, €2.8 billion. The cash will come from the European Financial Stabilisation Mechanism (EFSM) managed by the European Commission and the European Financial Stability Fund (EFSF), the latter to the tune of €800 million. The...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
COUNCIL OF EUROPE
BUSINESS NEWS NO 35