BRICS nations already buying EFSF debt: report
Fp Archives • 13 years agoThe European Financial Stability Facility was set up in May 2010 to raise cash for Portuguese and Irish bailout packages as part of a wider safety net.
Deal struck with private banks and insurers to contain EU crisis
Fp Archives • 13 years agoEuro zone leaders struck a deal with private banks and insurers today for them to accept a 50 percent loss on their Greek government bonds.