Economic sentiment stable in the EU and moderately down in the euro area


In May, the Economic Sentiment Indicator (ESI) was broadly unchanged at 105.4 in the EU, while it decreased by 0.6 points to 105.5 in the euro area.

Discours: Le Semestre européen et les derniers développements de la politique budgétaire


Session conjointe de la Commission des finances et de la Commission des affaires européennes de l'Assemblée nationale française - 25 mai 2011

€4.75 billion bond issued for EU´s assistance packages to Ireland and Portugal


The European Commission, on behalf of the European Union, today issued a €4.75 billion bond with a 10 year maturity to fund disbursements of the assistance packages to Ireland and Portugal.

EU and EFSF funding plans to provide financial assistance for Portugal and Ireland


Following the formal request for financial assistance made on 7 April 2011 by the Portuguese authorities, the terms and conditions of the financial assistance package were agreed by the Eurogroup and the EU's Council of Economics and Finance Ministers on 17 May.

Portugal - signed Memorandum of Understanding on Specific Economic Policy Conditionality


The Memorandum of Understanding between the Commission and Portugal, which opens the way for the first disbursement of financial assistance from the EFSM and EFSF, was signed on 17 May 2011 shortly after the decision by the Ecofin Council to provide assistance to Portugal.

Last update: 09/01/2014 |  Top