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29.03.2012 16:22

Eurogroup draft statements: a combined reserve capacity of the eurozone stabilization funds will be by mid-2013 E700 billion

 

    • In emergency situations, may increase the fund size to E940 billion rescue

    • Active EFSF will continue after July 2012 only applied to the maintenance of existing programs

    • Contributions to the fund ESM euro area will occur as follows: two tranches in 2012, another two - in 2013 and a final - in 2014

    • The capital will be reviewed by ESM

 

29.03.2012 16:56

Oil declined

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