About: european stability mechanism Archives

  • France, Germany break taboo over fiscal union

    Euro & Finance 13-12-2010

    As European Union leaders prepare to meet in Brussels this week to create a lasting lending facility for indebted countries, France and Germany have surprised observers by stating their openness to discussing whether countries that share the euro currency should harmonise fiscal policy.

  • Brussels lays down plans for permanent bailout mechanism

    Euro & Finance 02-12-2010

    With the future of the euro currency in the balance, the European Commission on Wednesday (1 December) outlined details for a permanent strategy to help countries at risk of defaulting on their debts.