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Bailout

Grexit

Grexit is back? Greece faces critical few weeks

06/02/2017(1)
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the ... Read More
monte-dei-paschi-di-siena

Italy to bailout Monte dei Paschi di Siena bank with €20bn rescue fund

22/12/2016(0)
A €20bn (£17bn) rescue fund for Italy’s banking sector has been approved by the country’s parliament, heralding a bailout of the world’s oldest bank, Monte dei Paschi di Siena ... Read More
Monte dei Paschi bank

Can the world’s oldest bank survive Italy’s upheaval?

06/12/2016(0)
The world’s oldest operating bank is racing to avoid a government bailout. Italy’s Monte dei Paschi di Siena (BMDPF) is trying to salvage a rescue plan that would see ... Read More
Monte dei Paschi bank

Italy has requested possible Monte dei Paschi bailout

02/12/2016(0)
Italy is discussing with the European Commission the terms of a state bailout of ailing bank Monte dei Paschi (BMPS.MI: Quote) that has already been requested and could be ... Read More
deutsche-bank

Deutsche Bank Shares Drop on Fears of Capital Raising

27/09/2016(0)
Intensifying concerns about Deutsche Bank AG’s financial health caused its shares to drop Monday and pushed the company into the awkward position of publicly denying that it had sought help from ... Read More
greece-europe-flags

Greece secures deal on next portion of bailout cash

18/11/2015(0)
Greece has secured a tentative deal with the eurozone to unlock the latest tranche of financial aid. The two sides have agreed a batch of reforms that will be ... Read More
greece-europe-flags

Greece, lenders start talks on reform compliance

22/10/2015(0)
Greece and its international lenders started talks on Wednesday to assess the country’s compliance with terms of an 86 billion euro bailout, as dissent stirred over tax hikes and ... Read More
tsipras-flags

Euro Area Urges Tsipras to Meet Bailout Pledges Without Delay

06/10/2015(0)
Funds for recapitalization tied to country meeting conditions Finance ministers tell Tsipras not to ease up on reforms Greece shouldn’t expect the euro area to relax bailout requirements to ... Read More
greece-national-bank

Greece: Recap is key to next disbursements – Eurogroup meeting

02/10/2015(0)
Greece: Banking reforms that are necessary for the sector’s recapitalization are key to the disbursement of the first couple of bailout subtranches, say sources in Brussels, as the Euro ... Read More
greece-europe-flags

Yet Another Election? Weary Greeks See Little Gain From Vote

17/09/2015(0)
Greeks head to their third ballot in less than a year Greek voters say nothing is going to change for them   Like many Greeks, Christi Psarra has no ... Read More
Broker Cyprus TopFX