Latest articles on Eurozone Bailout

Turkey’s lira turmoil could herald a global financial crisis

A decade of unconventional monetary policy has stored up immense vulnerabilities in the world economy

Greece’s creditors are still digging their own graves

By lending Greece money, eurozone members bear some responsibility for the plight of the beleaguered country.

Few agree on success of Greece’s ‘cut the debt’ tour

A diplomatic offensive by new Greek prime minister Alexis Tsipras to ease bailout aid requirements has been failing to win converts.

Greece’s new leader moves to form anti-austerity government

The election result marked a comprehensive rejection of the years of austerity demanded by the EU and IMF in return for the €240-billion bailout.

Cyprus finance minister quits after bailout concludes

Cyprus's finance minister has resigned after concluding a €10-billion bailout deal with international lenders.

Italy shatters eurozone’s uneasy peace

As the country tries to form a government, the region's leaders are again sniping at each other.

Canny Greeks resort to retail therapy of another kind

In the heart of Greece's most fertile plain, locals have come up with a novel way of dealing with austerity.

Greece wins more time but no immediate aid

Greece's international lenders have agreed to give the country two more years to make the cuts demanded of it.

Economic week ahead: Beginning with Frankenstorm

The economic week ahead will blow in with a massive storm in the US - the world's largest economy - and end with vehicle sales figures here in SA.

Time to ditch the euro

The dismal failure of Europe's monetary union means it should be abandoned to save countries.

Desperate Spanish unable to cope

Age-old tensions have resurfaces as the country buckles under harsh austerity measures.

Spain slashes spending in bid to head off bailout

Spain has crept closer to a bailout as the government leaked plans to cut pension spending.

Economic week ahead: Spain bailout hopes

European events are likely to set the tone for global markets this week as speculation mounts that Spain may request a formal bailout from neighbours.

Markets rally after Germany’s ruling on eurozone rescue fund

Angela Merkel says Germany has sent a powerful message to the rest of Europe and beyond after its decision on the creation of a rescue fund.

More pain in Spain as jobless increase

A rise in Spanish unemployment has added to the woes of PM Mariano Rajoy as he tried to fight off a bailout of the eurozone's fourth largest economy.

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