Finland to back Portugal's bail-out

By Ian Wishart - 12.05.2011 / 15:46 CET

Three of the four largest parties now support giving financial aid to Portugal.

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France and the Netherlands strike back

The EU has made three mistakes in its approach to austerity and economic rebalancing.

Commission president says there is growing support from EU leaders for pro-growth strategies.

UK blocks compromise agreement on new bank capital requirements at meeting of EU finance ministers.

Germany will find itself under pressure to accept the idea of jointly issued debt.

Organisation's twice-yearly report says jointly guaranteed bonds would help strengthen eurozone.

US, UK leaders say failure to deal with crisis will infect economies across the globe.

Commission president says there is growing support from EU leaders for pro-growth strategies.

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