ESM chief: Recouping of AIB, BoI costs "either difficult or impossible"
The Government had been hoping to unload the debt from the two bailed-out banks.
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The Government had been hoping to unload the debt from the two bailed-out banks.
The ECJ will today discuss whether the European Stability Mechanism (ESM) is legal under existing EU law.
Here are the things we learned, loved and shared today.
Instruments of ratification – the final leg in the approval process – will be formally lodged in Brussels today.
The 17 eurozone finance ministers will meet in Copehagen for two days of discussions concerning the size of the bailout fund available to countries.
Standard & Poor’s downgrades the European Financial Stability Fund, meaning our future loans will probably cost us more.