Real Friends
European Union doubles crisis fund as more look for help
The European Union crisis fund available to member states and selected neighbours is to be more than doubled to €25 billion (£19.7 billion) as signs emerge that Hungary may not be the only nation to need an emergency cash injection.
Iceland is so far the only other eligible country to apply for help from the EU's macro-financial assistance fund but officials are braced for inquiries from other nations known to be in difficulties such as Ukraine.
Reported by The Times
Now when do we start the application process?
The European Union crisis fund available to member states and selected neighbours is to be more than doubled to €25 billion (£19.7 billion) as signs emerge that Hungary may not be the only nation to need an emergency cash injection.
Iceland is so far the only other eligible country to apply for help from the EU's macro-financial assistance fund but officials are braced for inquiries from other nations known to be in difficulties such as Ukraine.
Reported by The Times
Now when do we start the application process?
Ummæli