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Thursday, May 28, 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

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

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

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

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...

WHO creates new foundation in a bid for more funds

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...

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

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...

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

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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