2011年4月15日星期五

EU, IMF, ECB meet in Lisbon the week next to the rescue of the aid (Reuters) plan

The European Commission, Brussels (Reuters) - officials of the European Commission, the Central Bank European and Monetary Fund International will discuss the technical details to help in the rescue of the Portugal next week, said Sunday.

Portugal, who had resisted in a bailout for months, asked the EU and the IMF financial aid earlier this week, the third country of the eurozone to do so.

"Experts of the three institutions will meet officials of the Portuguese authorities Tuesday." It will be just a technical meeting, "spokesperson of the Commission of the European Union Cezary Lewanowicz said."

"A political meeting of representatives of the Commission of the EU with the various Portuguese political parties held the week after," he said.

EU Finance Ministers said that Lisbon should lead more away from structural reforms to reduce its budget deficit and debt in exchange for a approximately EUR 80 billion in loans for emergency over three years.

(Reported by Foo Yun Chee;) (Editing by Jon Loades-Carter)


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