By GABRIELE STEINHAUSER, AP Business Writer BRUSSELS – A permanent mechanism to solve future debt crises in the eurozone should force losses on private investors “only on a case by case basis,” the European Commission proposed on Sunday. As EU finance ministers prepared to approve Ireland’s bailout, the EU executive […]

– Sat Nov 27, 2010 ATHENS (Reuters) – The EU and the IMF could extend the period in which Greece must repay its bailout loans by five years, to make it easier for it to service its debt, a Greek newspaper said on Saturday, citing an IMF official.   “We have the possibility to extend the repayment period […]

By SHAWN POGATCHNIK and DAVID STRINGER, Associated Press  DUBLIN – An Irish government minister said Saturday he expects an agreement within the next 24 hours on an EU-IMF bailout loan for Ireland worth approximately euro85 billion ($115 billion), but he rejected reports that the aid could come with a punitively high interest rate. […]