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Image header Agence Europe
Europe Daily Bulletin No. 11067
ECONOMY - FINANCE - BUSINESS / (ae) portugal

EFSF approves Portugal's final aid payment

Brussels, 25/04/2014 (Agence Europe) - On Thursday 24 April, the Board of the European Financial Stability Facility (EFSF) gave the go-ahead to the final batch of aid, €1.2 billion, for Portugal under its financial bailout. EFSF Director General Klaus Regling said: “After a painful but necessary economic adjustment the country is now starting to see benefits as imbalances are being corrected and credibility has been regained”, four year after finding itself unable to borrow from the...