European Stability Mechanism – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Mon, 30 Oct 2017 17:05:18 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Europe considers getting rid of IMF and creating own fund https://www.eutimes.net/2017/10/europe-considers-getting-rid-of-imf-and-creating-own-fund/ https://www.eutimes.net/2017/10/europe-considers-getting-rid-of-imf-and-creating-own-fund/#respond Mon, 30 Oct 2017 17:05:18 +0000 http://www.eutimes.net/?p=49593 Relations between Europe and the International Monetary Fund (IMF), which have carried out several bailout programs together, may change dramatically as the eurozone intends to replace the fund’s presence in bailouts. The European Commission plans to give more responsibility to the European Stability Mechanism (ESM) which helps eurozone countries to borrow money. The ESM will […]

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]]> https://www.eutimes.net/2017/10/europe-considers-getting-rid-of-imf-and-creating-own-fund/feed/ 0 EU releases bailout funds for Cyprus https://www.eutimes.net/2013/05/eu-releases-bailout-funds-for-cyprus/ https://www.eutimes.net/2013/05/eu-releases-bailout-funds-for-cyprus/#respond Tue, 14 May 2013 10:59:48 +0000 http://www.eutimes.net/?p=27369 The European Union has handed over the first installment of a 10-billion-euro bailout to Cyprus as part of the aid package agreed earlier this year. The bloc’s European Stability Mechanism said in a statement on Monday that Cyprus received two billion euros in loans in exchange for breaking up the Cypriot banking sector. The second […]

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]]> https://www.eutimes.net/2013/05/eu-releases-bailout-funds-for-cyprus/feed/ 0 Spain reluctant to accept EU cure https://www.eutimes.net/2012/09/spain-reluctant-to-accept-eu-cure/ https://www.eutimes.net/2012/09/spain-reluctant-to-accept-eu-cure/#respond Fri, 21 Sep 2012 22:47:13 +0000 http://www.eutimes.net/?p=23541 The EU and Spain are trying to come to terms over a rescue plan for the debt ridden European economy. The government remains unwilling to apply for international aid, but analysts say asking for a bailout is essential. A new Spanish rescue programme to be announced next Thursday will be focused on the measures international […]

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]]> https://www.eutimes.net/2012/09/spain-reluctant-to-accept-eu-cure/feed/ 0 Germany approves EU bailout fund https://www.eutimes.net/2012/07/germany-approves-eu-bailout-fund/ https://www.eutimes.net/2012/07/germany-approves-eu-bailout-fund/#comments Mon, 02 Jul 2012 21:36:38 +0000 http://www.eutimes.net/?p=22079 The German parliament has voted in favor of the EU’s permanent bailout scheme and more lenient budget rules. Chancellor Merkel has been criticized with making a U turn in policy, easing borrowing costs on flagging banks without additional austerity. “Today Germany, with the approval of the fiscal pact and the ESM [European Stability Mechanism] by […]

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