login
login
Image header Agence Europe
Europe Daily Bulletin No. 10808
EUROGROUP DECIDES ON CYPRUS AID PLAN / (ae) ireland/portugal

Go-ahead for extending EFSF repayment deadlines

Brussels, 16/03/2013 (Agence Europe) - Following on from the agreement on an aid plan for Cyprus (see separate article), eurozone finance ministers meeting in Brussels on Friday night to Saturday morning, 14 to 15 March 2013, gave the formal go-ahead to an extension of the repayment deadlines for the financial aid (loans) from the European Financial Stability Facility (EFSF) for Ireland and Portugal, as requested by the two countries at the start of the year.

Eurogroup said the move was...