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Germany · Motion · Antrag

18/12733

Portugal: Early partial repayment of IMF financial assistance; Obtaining a consenting resolution from the German Bundestag in accordance with Section 3 Paragraph 2 Number 2 of the Stabilization Mechanism Act - StabMechG

enactedGermany· German Bundestag· DE

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15 June 2017

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26 July 2022

Summary

Renewed authorization of the Federal Government to approve the Board of Directors of the EFSF regarding non-application of the clause contained in the agreement with Portugal on the parallel proportional repayment of EFSF loans in the event of early repayment to the IMF;<br /> Annexes 1 to 4a: Application from the Portuguese Finance Minister Mário Centeno to the Executive Director of the EFSF and letter to the Vice-President of the European Union Commission Dombrovskis and to the Economic and Monetary Affairs Commissioner Moscovici, Joint note from the EU Commission, IMF, ECB and ESM on the impact of early repayment of IMF loans on Portugal's debt sustainability, Letter from the EFSF to the President of the EAG

Machine translation from German. The official text remains authoritative.

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