Brussels, 05/03/2013 (Agence Europe) - On Tuesday 5 March, the Ecofin Council decided to ask the troika (European Commission, ECB and IMF) to present a proposal to Ireland and Portugal on the best way to answer these two countries' requests to extend the maturity of the loans they have been granted as part of their respective financial bailout plans. A definitive decision will be taken by the informal Ecofin Council in April.
The extension concerns both the loans of the European Financial...