Dublin, 12/04/2013 (Agence Europe) - At its meeting on Friday 12 April, the Eurogroup unconditionally approved a seven-year extension of the repayment deadlines for bailout loans to Ireland and Portugal.
Euro Commissioner Olli Rehn said the decision was “an important stage” in the two countries' return to financial autonomy and will help reduce their financing needs in the first years following the end of the aid package.
The decision extends the repayment date for cash for Ireland and...