Brussels, 14/05/2013 (Agence Europe) - A qualified majority political agreement was reached on Tuesday 14 May at the Council of EU finance ministers on making available two stages of the €11.2 billion extension needed to cover arrears from 2012. The first part will amount to €7.3 billion but the remaining €3.9 billion has still to be confirmed.
There was therefore no minority blocking thanks to the rallying of French and German finance ministers to the proposal of the Irish Presidency...