Go to the Content Thursday, 20 June 2013

About cookies: we use cookies to support features like login and sharing articles. Keep cookies enabled to enjoy the full site experience. By browsing our site with cookies enabled, you are agreeing to their use. Review our cookies information for more details.

No agreement on how to boost bail-out fund

By Ian Wishart - 06.10.2011 / 05:19 CET

Finance ministers discuss ways to change EFSF.
Deal struck on derivatives
Asmussen backed for ECB role
Trichet predicts slow eurozone growth

This article is reserved for paying subscribers...

Select your offer today and receive:


Hover over for more info	Free	€3 per week	€3.50 per week
Daily online news
Full access on mobile devices
E-alert customisable by policy
Access to editorial, comment
Profiles
Special reports
Access to the archives
Access to the e-paper
Newspaper delivered weekly
	Register	Select offer	Select offer

For more information please contact evsubscriptions@economist.com or call +32 2 540 9098

Please log in to read this article:

Don't have a login yet?

Discover your benefits and register for free now! It only takes a minute.

Subscribe to European Voice from €3 per week

Merkel, Hollande call for EU revamp to deal with eurozone crisis

In a joint statement, leaders of Germany and France call for new institutions for deeper integration.

Draghi: ECB did not make mistakes over Greece

European Central Bank president refuses to take blame following critical IMF report.

The paper clip

A round-up of the international press on Thursday, 6 June.

Fact file

Greek loan decision delayed

More pressure was heaped on Greece by eurozone finance ministers as they announced that they had further delayed a decision to allow the latest release of international funds to the country. A meeting of eurozone finance ministers scheduled for 13 October, when the €8 billion loan disbursement was expected to be confirmed, was cancelled by Jean-Claude Juncker, the prime minister of Luxembourg and president of the Eurogroup. No decision is now expected until November.

Juncker said a report into whether Greece had complied with the conditions of its international bail-out would not now be ready until 13 October. Ministers, he added, were determined to solve the crisis without letting Greece default on its debts or allowing it to leave the eurozone. “No one advocated default for Greece or an exit of Greece from the euro area,” Juncker said. “I have to firmly deny all rumours regarding a Greek default.” He told reporters that there could be “technical changes” to the level of private-sector involvement in the new Greek bail-out.