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Thursday, May 28, 2020
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Bailout

BUSINESS

No specific coronavirus bailout for aviation industry

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

Greek bailout talks break down again

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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...
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BUSINESS

Greece agrees new bailout terms with lenders

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

Major breakthrough on Greek bailout reforms

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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...
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BUSINESS

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

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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...
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BUSINESS

Banks struggle amid State bailout fears for Italian lender BMPS

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

Greece’s European creditors suspend debt relief measures

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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...
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ECONOMY

Greece passes ’final exit’ budget from financial crisis

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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...
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EUROPE

Greece planning cautious return to bond markets in 2017

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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...
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ECONOMY

Eurozone creditors approve new rescue loans for Greece

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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...
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Latest news

US NEWS

Officer who put knee on George Floyd’s neck ‘should be charged over death

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The mayor of Minneapolis has called for criminal charges to be filed against the white police officer seen on video kneeling on the neck...
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WORLD NEWS

Pompeo tells Congress that US no longer considers Hong Kong to be autonomous

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US secretary of state Mike Pompeo has notified Congress that the Trump administration no longer regards Hong Kong as autonomous from mainland China. The move...
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WORLD NEWS

WHO creates new foundation in a bid for more funds

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The World Health Organisation has called on members of the public to start donating funds to its new foundation. It comes after Donald Trump threatened...
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PEOPLE

Paul Rudd admits he still fees like an imposter as he gives career advice

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Paul Rudd has admitted he still feels like an “imposter” and not as talented as his co-stars, despite almost 30 years in the acting...
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WORLD NEWS

Iran president calls for harsher measures to combat ‘honour’ killings

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Iran’s president urged his Cabinet to speed up harsher laws in so-called honour killings, after a particularly disturbing murder of a 14-year-old girl by...
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