bailout news
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'Russia extends Cypriot loan by 2 yrs, cuts interest'
Berlin :: Germany | 19 days ago
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Russia has agreed to extended the maturity and reduce the interest on its loan to Cyprus, a document prepared by international lenders showed, providing additional but expected financial relief to the island on top of an EU-IMF bailout. Cyprus had
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In Europe, Growing Concern Slovenia Is Next to Need Bailout
Ljubljana :: Slovenia | 19 days ago
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Only a few years ago, Bine Kordez was feted as Slovenia's star entrepreneur. After transforming a home-improvement chain, Merkur, into a regional giant, he drew on easy credit from state-run banks to help orchestrate a 400 million management buyout
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Letters: A Simpler Bank System
New York City :: NY :: USA | 20 days ago
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May 4, 2013 To the Editor: Re Trying to Slam the Bailout Door (Fair Game, April 28), in which Gretchen Morgenson described two senators' bipartisan proposal to save taxpayers from more bank rescues by the government: As sure as the sun rises in the
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No change on 'stress tests' dates planned, says Noonan
Brussels :: Belgium | 21 days ago
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A spokesman for Finance Minister Michael Noonan (pictured) insisted no such decision has been taken, and cannot be until June. Banking authorities are due to carry out deep "stress tests" aimed at providing a detailed insight into the financial
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The Beginning Of The End Of Too-Big-To-Fail
Los Angeles :: CA :: USA | 22 days ago
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Dodd-Frank legislation and the still being massaged Basel III rules to the curb...They want mega-banks, those with more than $500 billion in assets to hold a reserve cushion, in equity, of 15%. That would require the protected-class of banks to raise
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Greece's Alpha Bank shares soar on recap deal
Athens :: Greece | 23 days ago
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Shares in Greece's third largest lender, Alpha Bank, have shot up, a day after the bank announced it had secured enough support from the private sector to avoid coming under state control. In afternoon trading Thursday, Alpha shares were 16.5 percent
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Analysis: What taxpayer bailouts? Euro crisis saves Germany money
Berlin :: Germany | 23 days ago
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Topics A delegate of Germany's anti-euro party ''Alternative fuer Deutschland'' (Alternative for Germany) waves a German flag during the first party congress in Berlin April 14, 2013. Throughout Europe's debt crisis, northern European leaders have
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Letters: North County, May 2, 2013
San Marcos :: CA :: USA | 23 days ago
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Country club issue continues On April 25, Kirk Effinger wrote a commentary about the fight to save the Escondido Country Club from developers (Really? A crusade to save the Escondido Country Club?, North County Opinion). He wrote, In a city where a
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Banks trailing EU counterparts with SME lending
Brussels :: Belgium | 24 days ago
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Governor Patrick Honohan said the Dame Street bank remains concerned about the access to finance for SMEs with survey evidence suggesting difficulties still exist. At the launch of the Central Bank's 2012 annual report, Mr Honohan said that while a
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i¿½2bn profit at Lloyds sparks hopes of full privatisation: Shares reach level where Government would break even if they sold some of the bank
London :: United Kingdom | 24 days ago
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The result boosted Lloyds' shares, moving them closer to the level at which the government would break even if it sold some of its 39 per cent stake in the bank. The stock climbed 1.5 per cent to 54.3p, not far below the 61p watermark at which
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