bail outs

 
Cyprus revises bank tax to delay bailout vote
Cyprus revises bank tax to delay bailout vote
The weekend announcement that Cyprus would impose a tax on bank accounts as part of a €10-billion bailout by the European Union broke with previous practice that depositors' savings were sacrosanct. The euro and stock markets fell on concern...
Big bonuses despite losses
Big bonuses despite losses
The United Kingdom's bailed-out loss-making Royal Bank of Scotland is pleading to be allowed to run on a commercial basis as it announced widened...
Executives' slice of the pie gets smaller too
Executives' slice of the pie gets smaller too
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...
Rich and infamous in London
Rich and infamous in London
Here is something you definitely should not do if you are even a tiny bit left wing and suffer from high blood pressure: look at a document called...
SA banks not immune from money market madness
SA banks not immune from money market madness
If you had predicted a few years back -- say before the 2008 meltdown that European banks would ­at some point in the future borrow €1-trillion...
Europe must clean up its own mess
Europe must clean up its own mess
For so long now the script for the eurozone has called for an orderly Greek default, the implication being that a disorderly one could set up a...
Cash-strapped Swaziland university closed
Cash-strapped Swaziland university closed
Swaziland's cash-strapped 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
Irish parties in crisis talks over February vote
Ireland's crumbling government held crisis talks with opposition parties on Monday over their demands to bring elections forward to February and...
Japan to buy euro debt, Portugal resists bailout
Japan to buy euro debt, Portugal resists bailout
Japan pledged on Tuesday to buy eurozone bonds this month in a show of support for Europe's struggle with a seething debt crisis as Portugal...
PM faces tough task selling bailout to angry Irish
PM faces tough task selling bailout to angry Irish
Irish Prime Minister Brian Cowen faced a backlash on Monday for agreeing the European Union-International Monetary Fund bailout for his debt-laden...
Greece promised rescue package, but investors wary
Greece promised rescue package, but investors wary
European nations aim to formally launch the biggest ever financial bail-out of a country this week, hoping to calm markets wary that Greece's...

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