Brussels, 10/04/2013 (Agence Europe) - Conditional political decisions may be taken in Dublin on 12 and 13 April 2013 to extend the maturity of the loans to Ireland and Portugal and on aspects of direct bank recapitalisation by the European Stability Mechanism (ESM).
Ireland and Portugal have asked for a 15-year extension to their loans that were due to expire by 2020 and were granted as part of a financial bailout package from the EFSF and the EFSM funds. Extending the repayment deadlines...