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EU agrees bailout package for euro

Publié par Clifford Armion le 05/10/2010

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Times Online

"European finance ministers have agreed a €750 billion (£650 billion) EU and International Monetary Fund bailout fund to help shore up troubled eurozone economies teetering in the European Union's growing financial crisis.

"After 11-hour marathon talks, ministers settled on the package they hoped would be big enough to prevent Greece's debt crisis from spreading.

"Under the three-year aid plan, the EU Commission will make €60 billion (£52 billion) available while countries from the 16-nation eurozone would promise bilateral backing for €440 billion (£381 billion). The IMF would contribute an additional sum of at least half of the EU's total contribution, or €250 billion (£216 billion), Spanish Finance Minister Elena Salgado said."

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Pour citer cette ressource :

"EU agrees bailout package for euro", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), octobre 2010. Consulté le 23/06/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/eu-agrees-bailout-package-for-euro