EU leaders on Friday agreed to double the existing €25 billion fund for troubled non-euro member states and to allocate €75 billion to the International Monetary Fund, after having haggled for three months over energy projects worth €5 billion.
"We agreed on three particular figures: five, 50 and 75 billion euros", Czech Prime Minister Mirek Topolanek said at the press conference at the end of the spring EU council.
"We agreed on €50 billion. It's a doubling of the amount availabl...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login