Friday August 14, 2020

EU watch: Noonan says low-cost funding a priority

European Union finance ministers start a two-day meeting in Copenhagen today with the expectation they will reach agreement on a beefed-up rescue fund.

30th March, 2012
Noonan: priority is low-cost funding from ECB.

1000: Noonan says Ireland's priority is securing a commitment from the European Central Bank to "provide us with continuing low-cost funding".

Use of the EFSF for the issuance of a bond "in itself would be of little use to Ireland unless we got the commitment to ongoing medium-term low-cost funding from the ECB."

0815: Irish finance minister Michael Noonan has said the maximum firewall achievable at today's meeting is €940 billion. He said €500 billion was...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago