Latest articles on Bail Outs

Cyprus revises bank tax to delay bailout vote

Article Staff Reporter - 18 Mar 2013

Cyprus' ministers have met to rework a plan to seize money from bank deposits before a parliamentary vote that might threaten the island's finances.

Big bonuses despite losses

Article Jill Treanor - 2 Mar 2012

Union cries foul as investment bankers profitand taxpayers wait to get £45-billion back.

Executives’ slice of the pie gets smaller too

Article Jill Treanor - 2 Mar 2012

The bailed-out British Lloyds Banking Group has revealed it had plunged to a £3.5-billion loss last year and would pay out £375-million in bonuses.

Rich and infamous in London

Article Staff Reporter - 2 Mar 2012

Britain is unique in that it does not tax its super-rich on all their earningsand the wealthy have been insulated from economic crisis.

SA banks not immune from money market madness

Article Kevin Davie - 2 Mar 2012

Moody's has cut the rating of South Africa and the banking sector by a notch. This means the government's infrastructure ambitions have to be trimmed.

Europe must clean up its own mess

Article Kevin Davie - 27 Jan 2012

Europe should get their finances in order.

Cash-strapped Swaziland university closed

Article Staff Reporter - 9 Aug 2011

Swaziland's university failed to re-open for the new academic year on Monday, officials said, adding it would remain closed indefinitely.

Irish parties in crisis talks over February vote

Article Staff Reporter - 24 Jan 2011

Ireland's crumbling government held crisis talks with opposition parties on Monday over their demands to bring elections forward to February.

Japan to buy euro debt, Portugal resists bailout

Article Tetsushi Kajimoto - 11 Jan 2011

Japan pledged on Tuesday to buy eurozone bonds this month in a show of support for Europe's struggle with a seething debt crisis.

PM faces tough task selling bailout to angry Irish

Article Staff Reporter - 29 Nov 2010

Irish Prime Minister Brian Cowen faced a backlash on Monday for agreeing the EU-IMF bailout for his debt-laden nation.

Greece promised rescue package, but investors wary

Article Staff Reporter - 3 May 2010

European nations aim to formally launch the biggest financial bail-out of a country this week and hope it will bring calm to the markets.

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