Tarnished EFSF faces chastening return for €3bn
The Euromarket’s faded star faces a challenging return to funding next week. After a striking deterioration in its spreads since June, the European Financial Stability Facility (EFSF) will be seeking to finance a €3bn loan to Ireland — having lost no time in sending out RFPs on Thursday after Slovakia became the final eurozone member to approve its expansion.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: