News about bailout

Slovenia to receive banking bailout bill

Slovenia is to learn later this week if it has enough money to shore up its banks on its own or become the latest eurozone country to need outside help.
11 December 2013 18:26

Greece may need new bailout of 10bn euros

Greek Finance Minister Yannis Stournaras said that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.
26 August 2013 13:18

Oil prices up in Asia on Cyprus bailout deal

Oil prices rose in Asian trade Monday after Cyprus and its international creditors struck a 10 billion euro bailout deal, averting collapse of the country's banking system.
26 March 2013 10:18

Last-minute deal resurrects Cyprus bailout

EU and IMF officials struck a last-minute deal with Cyprus early Monday to resurrect a bailout for the island -- but one banking chain goes to the wall and major clients, who include many Russians, will take a giant hit.
25 March 2013 13:29

Eurozone still ready to help Cyprus after vote

Cypriot President Nicos Anastasiades' office said he "fully respects" the decision and that he had had a "constructive" phone call with Russian leader Vladimir Putin, amid reports Cyprus was seeking alternative financing.
20 March 2013 12:58

Euro slips after buying on Greek rescue fizzles

The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece's bailout deal fizzled owing to lingering concerns over Europe's sovereign debt problems.
29 November 2012 10:35

Spain tightens austerity screw in 2013 budget

Spain's government unveiled Thursday a 2013 budget that tightens austerity even in the teeth of growing protests, easing the path to a widely expected sovereign bailout.
28 September 2012 16:59

Delays have left Greece with finance gap: Lagarde

International Monetary Fund chief Christine Lagarde said Monday that delays in implementing Greece's bailout program, including privatization, have expanded the country's financing shortfall.
26 September 2012 10:23

Belarus economy facing trouble despite Russian help

Belarus was bailed out of last year's dire economic crisis by its giant neighbour Russia but as the ex-Soviet state heads to parliamentary polls the economy is once again flirting with disaster.
21 September 2012 15:34

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