| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Memo |
| Series Details | MEMO/11/180 (17.3.11) |
| Publication Date | 17/03/2011 |
| Content Type | News, Overview |
|
The European Commission has placed a €4.6 billion bond issue on behalf of the European Union (EU). The proceeds will be on-lent to Ireland and Romania. Ireland will receive €3.4 billion under the European Financial Stabilisation Mechanism (EFSM) and Romania €1.2 billion under the Balance of Payments (BoP) facility. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/180&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Countries / Regions | Europe, Ireland, Romania |
