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Bailout News

Ukraine may need bigger bailout if conflict continues in 2015: IMF

By Anna Yukhananov WASHINGTON (Reuters) - Ukraine may need as much as $19 billion in additional funds from donors if its conflict with pro-Russian separatists continues during 2015, the International Monetary Fund warned on Tuesday. Nevertheless, it said the money planned under the program is largely sufficient for now as long as the fighting between the government in Kiev and the rebels in the ...

Ukraine economy at risk, may need another bailout

BRUSSELS (AP) — While Ukraine's leaders are trying to win the war against Russian-backed separatists in the east, they appear to be losing the battle to resurrect the country's battered economy.

Penstrukturan semula MAS ‘bailout’ penjenayah, kata PAS

PAS hari ini menyifatkan penstrukturan semula syarikat penerbangan Malaysia Airlines (MAS)‎ bukan satu pelaburan tetapi "bailout" RM6 bilion kepada salahguna kuasa dalam syarikat penerbangan itu. Ketua Penerangan PAS Datuk Mahfuz Omar berkata, MAS sebelum ini pernah disuntik dana sebanyak RM10 bilion namun masih kerugian dan tiada tindakan...

MAS’s RM6 billion to bail out ‘rogues and criminals’, says PAS

PAS has questioned the RM6 billion Malaysia Airlines turnaround plan, describing the sum as a bailout and not an “investment” as said by the prime minister. Given MAS’s worsening losses over the years, PAS said the bailout was for those who had abused their power in the national carrier. Party information chief Datuk Mahfuz Omar said the...

IMF bailout team storms Ghana this week

A team from the International Monetary Fund (IMF) will hit the shores of Ghana this week to discuss how the country’s ailing economy can be salvaged.

Ukraine may need bigger bailout: IMF

The IMF warned that Ukraine may need as much as $19 billion in additional financing from donors if its conflict continues.

Greece rules out new cuts ahead of bailout talks

ATHENS, Greece (AP) — Greece's government says it won't enact further austerity measures ahead of talks later this week with bailout creditors.

Goldman lent $835M to BES before bailout

Goldman Sachs made a $835m loan to Banco Espírito Santo a month before the lender was bailed out. The FT reports.

Banco Espirito Santo Junior Bonds Slide as Bailout Forces Losses

Aug. 4 (Bloomberg) -- Bloomberg’s Mark Barton breaks down the $6.6 billion bailout of Banco Espirito Santo by Portugal’s central bank and what it means to the firm, taxpayers and shareholders. He speaks on “The Pulse.”

Deadline looms for Cyprus vote on crucial foreclosures bill

International lenders will withhold the next payment in Cyprus's 10 billion euros bailout unless parliament this week passes a crucial law speeding up foreclosures of non-performing bank loans (NPLs). Around 45 percent of loans by Cyprus banks are classed as non-performing because borrowers are seriously late with their payments, and under current laws it can take banks 20 years to regain the ...

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