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Friday, April 3, 2020
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Bailout

No specific coronavirus bailout for aviation industry

Chancellor Rishi Sunak has decided against creating a specific support package for the aviation industry, which is suffering from a collapse in demand due...

Greek bailout talks break down again

Hopes for a breakthrough in bailout negotiations for cash-strapped Greece have been dashed again and another deadline has been set. Athens once again failed to...

Greece agrees new bailout terms with lenders

Greek government officials have reached agreement with creditors on the terms to restart bailout loan payouts, following months of tough negotiations. The terms include...

Major breakthrough on Greek bailout reforms

Greece and its international creditors have taken a big step towards an agreement that will ensure the cash-strapped country gets the money it needs...

Bailout of Italy’s oldest bank stalled over concerns of ‘being overly generous’

Plans to support Italy's oldest bank are reported to have stalled following a communication breakdown between the EU and the European Central Bank (ECB). In...

Banks struggle amid State bailout fears for Italian lender BMPS

European banks struggled to make gains on Thursday as investors digested the prospect of a state bailout for struggling Italian lender Banca Monte dei...

Greece’s European creditors suspend debt relief measures

European creditors have pulled a recently announced debt relief package for Greece in protest at subsequent budget spending measures by Athens. Greek stocks fell sharply...

Greece passes ’final exit’ budget from financial crisis

Greece’s Parliament has passed a budget of continued austerity as mandated by the country’s creditors, but which forecasts robust growth for 2017. Prime Minister Alexis...

Greece planning cautious return to bond markets in 2017

A senior official in Greece's finance ministry says the country is planning a gradual return to international debt markets next year. George Houliarakis, a deputy...

Eurozone creditors approve new rescue loans for Greece

Greece has won a new batch of rescue loans from international creditors following agreement among the 19 eurozone finance ministers. After the ministers approved Greece's...

Latest news

Queen to make rare TV address amid Covid-19 crisis

The Queen is to address the nation on Sunday delivering a message about the coronavirus outbreak, Buckingham Palace has said. Expectation has been growing about...

Coronavirus deaths in Scotland rise to 172 as Sturgeon warns peak still to come

First Minister Nicola Sturgeon has warned the coronavirus peak is still some time away as she announced the number of deaths in Scotland has...

UK tourists stranded in Bolivia and Ecuador to be brought home on special flight

A flight has been chartered by the Government to repatriate UK travellers stranded in South America. The special flight will pick up tourists in La...

Thousands of extra beds planned in UK stadiums, leisure centres and hotels

The new NHS Nightingale Hospital in east London is just part of a nationwide push to increase capacity on a huge scale. Outside London, work...

Bernie Ecclestone: I don’t see what’s different about being a father at 89

Bernie Ecclestone has confirmed he will be a father again at 89 – saying it would make no “difference” if he was 29. The former...
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