About: European Financial Stability Facility

Euro & Finance 21-11-2012

Eurozone ministers fail to agree bailout for Greece

Greece's international lenders failed to agree on a deal to give the debt-ridden country the additional tranche of financial aid and said they will try one more time to seek an agreement next week.
Euro & Finance 30-03-2012

Finance ministers mull bigger bailout fund, Spanish aid

Increasing the eurozone rescue fund – and determining the extent to which Spain may need its help – will be under discussion today and tomorrow (30-31 March) as European finance ministers meet in Copenhagen.
Euro & Finance 27-02-2012

Merkel playing for time on eurozone firewall deal

Germany may not be ready to back an increase in Europe's bailout fund at a summit in Brussels this week, delaying efforts to meet international demands for Europe to strengthen its defences against the region's sovereign debt crisis.
Euro & Finance 08-11-2011

EU’s revamped rescue fund in limbo

Eurozone ministers have decided to wait for the results of an industry consultation to work out how they will boost the financial muscle of their rescue fund, the European Financial Stability Facility (EFSF). A final decision on the revamped EFSF is now expected on 29 November.
Euro & Finance 27-10-2011

EU cuts back-room deal on Greek debt write-down

EU leaders and bank officials struck a last-minute agreement early today (27 October) to write off 50% of Greek debt from their books, in a back-room deal that will see weaker banks receive aid from the European Financial Stability Facility (EFSF).
Euro & Finance 26-10-2011

Deal on EU rescue fund in limbo as ministers walk home

A finance ministers' meeting scheduled in preparation for a euro zone summit today (26 October) was cancelled at the last minute over lack of progress in negotiations to expand the EU's rescue fund for the bloc's mounting debt problem. A definitive agreement might still take days to finalise, diplomats suggested. EU SUMMIT LIVE!
Euro & Finance 08-09-2011

Merkel calls for treaty change after positive court ruling

Changes to the Lisbon Treaty are necessary if the bloc wants to get out of the debt crisis, German Chancellor Angela Merkel said after the country's top court ruled that EU bailouts are legal.
Euro & Finance 29-08-2011

German Bundestag rallies against euro bailout fund

Early polls on an upcoming vote in the German Bundestag show growing opposition to the EU's crucial bailout fund and its expanded powers to purchase the bonds of indebted countries.
Euro & Finance 13-07-2011

Greek rescue needs bigger aid facility, say sources

A second rescue package for Greece will likely exceed the size of its predecessor, sources told EURACTIV, as finance ministers take heed of investors' reluctance to foot the bill.
Euro & Finance 07-03-2011

Ireland aims to woo Europe with fiscal obedience

Ireland's new government will stick to the budget targets laid down in an 85 billion euro EU/IMF rescue package as it seeks to win European partners round to giving it easier terms on the loans at a summit meeting on Friday (11 March).
Euro & Finance 15-02-2011

EU eyes bigger rescue fund

European finance ministers assessed ways of strengthening their 440-billion-euro rescue fund on Monday (14 February), but Germany remained reluctant to bolster the facility without commitments on closer economic coordination.
Euro & Finance 25-01-2011

Secret committee paving way for euro reform

A little known EU committee is busy rewriting the EU's rules on bailouts and national debt without the glare of the media. On the menu of talks are tax co-ordination, national debt brakes and the ins and outs of euro bailouts.
Euro & Finance 09-12-2010

What size is the fire exit?

Europe's fundamental problems would be easier to manage with calmer financial markets, writes Daniel Gros, director of the Centre for European Policy Studies.
Euro & Finance 26-11-2010

Brussels ‘not in bailout talks’ with other countries

There are no discussions about more countries seeking EU financial aid following Ireland's request for help, the European Commission said yesterday (25 November), following reports that Portugal was under pressure to seek aid.
Euro & Finance 17-11-2010

Irish banks edge closer to EU, IMF bailout

Ireland has started talks with EU authorities and the IMF over a rescue plan focusing on the restructuring of its banking sector, the bloc's finance ministers said yesterday (16 November), hoping to calm fears of a contagion to other eurozone members in difficulty.
Euro & Finance 16-11-2010

Euro zone seeks way out of Irish debt crisis

Eurozone finance ministers will try to find a way to end Ireland's debt crisis today (16 November), with Dublin resisting pressure to seek a state bailout as the governing majority faces a crucial by-election in mid-November.
Euro & Finance 15-11-2010

Ireland does not rule out using EU bailout fund

Ireland did not rule out the possibility that it may have to turn to Europe for help in dealing with its debt crisis on Sunday (14 November), in what could be the second rescue of a eurozone country after Greece.
Regional Policy 28-07-2010

Europe’s federalism debate revived

As eurozone ministers reflect on how to rebuild economic governance in the wake of the Greek crisis, Jean Pisani-Ferry explores the debate on fiscal federalism and urges policymakers to clearly define options for better coordination.
Climate change 05-09-2007

Parliament wants more money and an ‘EU force’ for natural disasters

Members of the European Parliament criticised the Commission's 'inertia' in establishing a European force capable of reacting immediately to emergencies and called for "concrete proposals". They also want financial assistance to be made more easily available in the light of the UK floods and Greek fires over the summer.
Enlargement 30-04-2001

EU resumes aid to Slovakia

Commission temporarily resumes pre-accession funding to Slovakia after an investigation proves no negative effects

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