Sunday, May 19th, 2013
Euro finance ministers agree on bailout for Spain; 30 billion euros ready by end of month
By Don Melvin
THE ASSOCIATED PRESS
BRUSSELS, Belgium — Euro area finance ministers have agreed on the terms of a bailout for Spain’s troubled banks, saying that 30 billion euros can be ready by end of this month.
The finance ministers for the 17 countries that use the euro as their official currency will return to Brussels on July 20 to finalize the agreement, officials said early Tuesday morning
As part of the agreement with Spain, finance ministers from all 27 European Union countries are expected Tuesday to approve a one-year extension, until 2014, of Spain’s deadline for achieving a budget deficit of 3 per cent.
20:56ET 09-07-12
Featured
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LOCAL NEWS
B.C.’s Ahmadiyya Muslim community finally has its own mosque
LARISSA CAHUTE VANCOUVER DESI British Columbia’s Ahmadiyya Muslim community finally has a place to call home. The local and Canada-wide community raised $8 million for…
Continue Reading »
Cyclists to spread message of cultural diversity from Victoria to Abbotsford
LARISSA CAHUTE VANCOUVER DESI Armed with a bicycle and positive message, Mission’s Ken Herar is hoping to connect communities across the Lower Mainland. For the…
Continue Reading »
Couple from B.C. found killed in their new home in Punjab, India
VANCOUVER DESI A couple believed to be from British Columbia were found slain in their Indian home on May 9, 2013. According to the Times…
Continue Reading »
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The Reluctant Fundamentalist: Saga about immigration to U.S. unwieldy, superficial
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