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Posted On: 04/12/2013 10:15:33 AM
Post# of 28539
Posted By: testdemo
EU to extend loan repayments for Ireland, Portugal

Olli Rehn, European Commissioner for Economy and Monetary Affairs and the Euro speaks to reporters before the Informal meeting of ECOFIN Ministers in Dublin Castle, Ireland, Friday, April 12, 2013. (AP Photo/Peter Morrison) DUBLIN (AP) — European Union finance ministers say they've agreed to extend the repayment of emergency loans to Ireland and Portugal for a further seven years, easing the pressure on both countries to exit their bailout programs and resume normal borrowing.



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