EU leaders back new bail-out system

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Series Details 17.12.10
Publication Date 17/12/2010
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European Union heads of government approved an amendment to European Union treaties to create a new bail-out system for debt-laden countries at the European Council, Brussels, 16-17 December 2010, but divisions over other measures to halt the eurozone crisis appeared to harden at the year-end summit.

Related Links
Open Europe: Press Release, 17.12.10: Open Europe responds to the European Council conclusions http://www.openeurope.org.uk/media-centre/pressrelease.aspx?pressreleaseid=155
ESO: Background information: Germany is playing politics as Europe drowns http://www.europeansources.info/record/germany-is-playing-politics-as-europe-drowns/
EUObserver, 17.12.10: EU leaders agree to tweak treaty, keep bail-out fund unchanged http://euobserver.com/9/31535
EurActiv, 17.12.10: EU opts for new bailout system http://www.euractiv.com/euro-finance/eu-goes-new-bail-out-system-news-500729
ESO: Background information: Merkel rejects debt crisis proposals http://www.europeansources.info/record/merkel-rejects-debt-crisis-proposals/
European Commission: SPEECH/10/763: José Manuel Durão Barroso President of the European Commission Remarks by President Barroso at the press conference of the first day of the European Council Intermediary joint press conference with Herman Van Rompuy, President of the European Council Brussels, 16 December 2010 http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/10/763&format=PDF&aged=0&language=EN&guiLanguage=en
European Parliament: Press Release, 16.12.10: EP supports permanent crisis mechanism to shore up the euro http://www.europarl.europa.eu/en/pressroom/content/20101215IPR10348/html/EP-supports-permanent-crisis-mechanism-to-shore-up-the-euro
BBC News, 17.12.10: Eurozone plans economic integration move http://www.bbc.co.uk/news/world-europe-12020200
BBC News, 17.12.10: EU agrees on permanent eurozone rescue fund http://www.bbc.co.uk/news/world-europe-12014385
Deutsche Welle, 17.12.10: European leaders seal deal on permanent crisis fund http://www.dw-world.de/dw/article/0,,6350161,00.html
Spiegel Online International, 17.12.10: Chancellor Merkel Gets Her Way in Brussels http://www.spiegel.de/international/europe/0,1518,735199,00.html
France24, 17.12.10: EU leaders agree on rescue fund for future debt crises http://www.france24.com/en/20101216-eu-leaders-agree-rescue-fund-stave-off-future-debt-crises-brussels
European Council, Brussels, 16-17 December 2010: Presidency Conclusions (DOC/10/5) http://europa.eu/rapid/pressReleasesAction.do?reference=DOC/10/5&format=PDF&aged=0&language=EN&guiLanguage=en
EurActiv, 17.12.10: Thatcher-style, Cameron says: We won't pay http://www.euractiv.com/en/priorities/thatcher-style-cameron-says-we-wont-pay-news-500775
Spiegel Online International: Topics: Euro Bailout 2010 http://www.spiegel.de/international/topic/euro_bailout_2010/
PressEurop, 17.12.10: The road not taken? http://www.presseurop.eu/en/content/editorial/433561-road-not-taken

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