Eurozone finance ministers discuss bailout fund; Lenihan asks for cut in interest rate on Ireland’s EU-IMF bailout funds
Jan 18th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone finance ministers on Monday discussed an increase in the value of the region's European Financial Stability Facility (EFSF) bailout fund at the monthly meeting of the Eurogroup but Germany, the Netherlands and Finland are reported to be pushing for strict conditions. Meanwhile Ireland's Minister for Finance Brian Lenihan asked for a cut in the interest rate on the EU-IMF bailout funds.