EU commissioner for Internal Market and Services Michel Barnier (L) speaks to journalists as Irish Finance Minister Michael Noonan (C) and European Union Commissioner for Economic and Monetary Affairs Olli Rehn (R) look on during a press conference at the informal meeting of Economic and Financial Affairs Council (ECOFIN) ministers at Dublin Castle in Dublin, Ireland on April 12, 2013. Eurozone finance ministers formally approved the terms of a problematic Cyprus debt rescue that will cost Nicosia far more than first thought. After the Cyprus crisis raised fresh worries over the future of the single currency, EU finance ministers agreed that bailed-out Ireland and Portugal be rewarded for making economic progress by being given more time to repay their debts.
FIRSTPOST. ARTICLES View all
FROM THE WEB.