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Tag: EU finance ministers

Merkel accepts eurozone firewall increase - 27 March 2012 - News

German Chancellor Angela Merkel has signalled for the first time that she was prepared to compromise on boosting funds available for bailing out struggling eurozone countries, paving the way for an increase in the bloc's firewall to contain the debt crisis.

Greece locked in chicken-and-egg bond deal dilemma - 25 January 2012 - News

Greece must underscore its political commitment to economic reforms if it is to receive a second EU bailout, finance ministers meeting in Brussels warned yesterday (24 January). Meanwhile, Greece's creditor banks argue they cannot fulfil their part of the deal unless the EU first commits the money.

Tax spat to dog finance ministers - 24 January 2012 - News

European finance ministers are set for a spat today over the extent to which the financial transactions tax (FTT) – strongly backed by France and Germany – should be pushed on the EU agenda.

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