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Bailout News

Greece: New bailout 'out of the question'

ATHENS, Greece (AP) — Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful cost-cutting reforms.

Bailout Chief Kashkari Says He's Ready to Lead California

Neel Kashkari, who left Goldman Sachs Group Inc. (GS) to run the federal government’s $700 billion bailout of the U.S. banking system, drew cheers from California Republicans with criticisms of Governor Jerry Browns economic record and position on teacher tenure.

Greece will not need third bailout, PM Samaras tells paper

ATHENS (Reuters) - Greece is beating its fiscal targets and will not need a third bailout from its international creditors, Prime Minister Antonis Samaras told Sunday's Realnews newspaper, confident that the country's debt will soon be deemed viable. After nearly crashing out of the euro zone two years ago, Greece has managed to bring its finances back on track and post a budget surplus before ...

‘Missing’ bailout letter may be released by ECB

The ECB may release documents including a missing letter relating to Ireland’s bailout once the bank stress tests are finalised, according to a source.

Greece says new bailout 'out of the question,' despite election threat

ATHENS, Greece - Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns ...

Hardouvelis Says All Options Open on Greek Bailout Exit

Finance Minister Gikas Hardouvelis signaled Greece may choose to forgo International Monetary Fund emergency loans in 2015 and 2016 in order to secure an exit from the terms of its bailout.

Eurozone gives Ireland greenlight to repay bailout loans early

Eurozone ministers on Friday backed a push by Ireland to repay part of its 85-billion-euro bailout loans early, marking a turning point in the debt crisis aftermath. "There was broad political support in the Eurogroup," said Dutch finance minister and Eurogroup chief Jeroen Dijsselbloem at a news conference after ministers met for talks on a broad range of issues in Milan. Debt-plagued Ireland ...

Afghanistan asks Washington for $537M bailout

As the Pentagon tries to figure out how it's going to pay for the new war in Iraq and mission to combat Ebola in West Africa, the Afghan government says it's broke -- so broke it's asking the U.S. for an immediate $537 million bailout.

Cyprus fears next tranche of bailout funds at risk

Cyprus is unlikely to receive the next tranche of rescue funds from international lenders after apparently falling foul of them over new legislation on loan foreclosures, the government said Thursday. EU finance ministers meet Friday to discuss the bailout programme and government spokesman Nicos Christodoulides said disbursement at the end of September of the 436 million euros ($562 million ...

New Bailout for Greece 'Out of Question'

Greece's finance minister says his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an...




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