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Europe Daily Bulletin No. 11195

13 November 2014
ECONOMY - FINANCE - BUSINESS / (ae) portugal
Bailout plan - final loan of €400 million from EFSM

Brussels, 12/11/2014 (Agence Europe) - On Wednesday 12 November, the European Commission paid a final tranche of €400 million in 15-year loans to Portugal under the European Financial Stability Mechanism (EFSM), in the framework of the Portuguese bailout plan which ended in June.

The Commission continues to stand by the Portuguese people in these still difficult times and will support the country's ongoing efforts to build a more stable basis for economic growth and job creation for...

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