Portugal makes early €2.5 billion repayment to the European Financial Stabilisation Mechanism
Today the Portuguese debt management office repaid €2.5 billion of its debt to the European Financial Stabilisation Mechanism (EFSM) – the EU instrument that provides financial assistance to any EU country facing severe financial difficulties, managed by the European Commission. The repayment relates to the financial assistance programme for Portugal in 2011-2014. Under that programme, […]
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