Eurozone finance ministers are due to meet in Brussels later to agree bailout payments for Cyprus and Greece, amid worries over Slovenia. BBC News – Economy
Read More...Posts Tagged bailout
Portugal bailout review completed – government
By admin on Sunday, May 12th, 2013 | Comments Off
LISBON (Reuters) – Portugal's government said on Sunday its EU and IMF lenders had concluded work on the latest bailout review, indicating there were no outstanding obstacles for Lisbon to receive the next 2 billion euro tranche of the rescue package. The review, which had been practically sealed in March, hit a snag early last [...]
Read More...Malta PM dismisses bailout fears
By admin on Saturday, May 11th, 2013 | Comments Off
Why Malta says it can weather the eurozone storms BBC News – Economy
Read More...Portugal Struggles To Avoid 2nd Bailout
By admin on Tuesday, May 7th, 2013 | Comments Off
Portugal’s creditors are evaluating the country’s latest austerity package, which includes 30,000 public sector layoffs, to determine whether Lisbon might need a second international bailout. The Portuguese government is raising the retirement age and lengthening work weeks to try to squeeze out more revenue, and repay its bailout loans. Economy
Read More...Cyprus bailout scrapes through island’s parliament
By admin on Tuesday, April 30th, 2013 | Comments Off
Cyprus’s parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have intensified … Economy, Government & Policy News and Information on Yahoo! Finance
Read More...Cyprus passes international bailout
By admin on Tuesday, April 30th, 2013 | Comments Off
Parliament in Cyprus approves the country’s international bailout deal after warnings that the alternative would be financial collapse. BBC News – Economy
Read More...German parliament backs Cyprus bailout
By admin on Thursday, April 18th, 2013 | Comments Off
BERLIN (Reuters) – Germany's lower house of parliament voted overwhelmingly on Thursday to grant Cyprus a 10 billion euro bailout that is designed to avert bankruptcy for the tiny Mediterranean island nation and keep it in the euro zone. Of the 601 lawmakers present in the Bundestag chamber, 487 backed the rescue, under which Cyprus [...]
Read More...Plan for new Cyprus vote casts uncertainty on bailout
By admin on Wednesday, April 17th, 2013 | Comments Off
By Karolina Tagaris NICOSIA – A 10 billion euro (8.54 billion pounds) aid deal to save Cyprus from bankruptcy has been thrown into fresh uncertainty with news that the country's fractious parliament will vote on the final package. The surprise vote has only just been scheduled, and early signs are that nearly half the members [...]
Read More...Slovenia looks to avoid EU bailout with early debt buyback
By admin on Wednesday, April 17th, 2013 | Comments Off
By Marja Novak LJUBLJANA (Reuters) – Slovenia, struggling to avoid becoming the euro zone's next bailout case after Cyprus, raised more than twice as much as planned in a treasury bill tender on Wednesday aimed at easing pressure on its finances. With investors sceptical that Ljubljana can clean up an ailing lending sector dominated by [...]
Read More...Greece closer to next bailout funds
By admin on Monday, April 15th, 2013 | Comments Off
Greece moves a step closer to receiving its next tranche of bailout funds after agreeing to the latest austerity measures demanded by the troika of international creditors. BBC News – Economy
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