Tags Posts tagged with "bailout"

Tag: bailout

Watch – Greece is “anchored with the euro”

Greece is "anchored with the euro", New Democracy leader Antonis Samaras has declared. The pro-bailout party emerged from the country's elections slightly ahead of anti-bailout rivals the Syriza party. Samaras claimed victory saying Greeks voted to stay in the euro single currency.

Video: Finance ministers meet to discuss Euro bailout fund

European finance ministers met last Friday, followed by a meeting of ministers from all 27 European Union countries on Saturday.

Video: Andrew Schiff: Mortgage market should have disappeared

Three years ago the US government took over Fannie Mae and Freddie Mac in hopes of protecting the mortgage market from collapsing. Who really benefited from the bailout and what are the possible solutions?

Cyprus could need bailout after blast

Cyprus may need foreign financial aid unless drastic action is taken to deal with the impact of an explosion which decimated its largest power station, central bank governor Athanasios Orphanides has warned.

Agreement on Greece important for the euro, says Merkel

German Chancellor Angela Merkel praised the agreement reached by European leaders to release the new emergency aid for Greece, provided that the Greek parliament approves this week, the adjustment and privatization plan agreed with the EU and the International Monetary Fund (IMF), saying it is “important for the stabilisation of the euro.”

Investors primed for property discounts in Portugal

The election of the new Social Democrat government in Portugal heralds an age of austerity that should see property prices drop across the board, says a leading currency exchange firm.

Portugal’s housing market remains ‘robust’

Despite requesting an economic bailout from the European Union, Portugal's housing market will be unaffected, it has been claimed.

Spain to avoid EU bailout

After much speculation on the fate of its debt-ridden economy, it looks as though Spain will avoid seeking a large-scale financial bailout from the EU - an expression of confidence in its recovery that bodes well for property investors.

Portugal debt rating cut as EU bailout nears

Portugal’s credit rating was cut by Moody’s Investors Service for the second time in three weeks amid expectations it will be unable to avert a European bailout.

EU safety net comes just in time for Lisbon

The European Union agreed on a new set of measures to insure against economic collapse in Brussels on the weekend, and it can't come soon enough for the ailing economy of Portugal.
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2020/09/20 11:14:08am