EU ministers thrash out details of loan scheme

Report of a meeting of Eurozone Finance Ministers, Brussels, 17-18 May 2010. Greece, Portugal and Spain were praised for adopting rigorous measures to restore order to their public finances and overcome Europe’s sovereign debt crisis. It was also said that European governments would step up efforts to establish a global tax on financial market transactions.

ESO: Background information: EU and IMF agree €720bn boost for rescue plan http://www.europeansources.info/record/eu-and-imf-agree-e720bn-boost-for-rescue-plan/

EurActiv, 18.5.10: Eurozone ministers seek debt control strategy http://www.euractiv.com/en/euro/Eurozone-rescue-fund-faces-technical-delay-news-494252

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