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Politics

Spanish Bailout Plan Could Reach $125 Billion: Report

cnbc.com (11 months and 11 days ago)

Jun 9, 2012

Cyprus Backpedals From Plan To Expropriate Bank Depositors' Money In Exchange For Financial Bailout By ECB, IMF and...

Cypriot government leaders Monday backed off an unprecedented plan to expropriate a percentage of bank deposits on the tiny island nation in exchange for a desperately needed €10 billion ($12.95 million) financial bailout.

ibtimes.com (2 months and 4 days ago)

Government starts to sell remaining stake in GM

DETROIT — The U.S. government has started selling its remaining General Motors stock as it moves to end four years of partial ownership of the Detroit automaker.The Treasury Department said in its January report to Congress that it sold $156.4 million worth of GM common stock last month.The report, dated Feb. 11, says the government has recovered about $29 billion of its...

bostonherald.com (2 months and 25 days ago)

Cyprus rushes bailout plan as clock ticks

Cyprus rushes bailout plan as clock ticks by Menelaos Hadjicostis and Elena Becatoros The Associated Press Published Mar 21, 2013 05:40PM MDT Nicosia, Cyprus • Cypriot politicians moved Thursday to restructure the country’s most troubled bank as part of a broader bailout plan that must be in place by Monday to avoid financial ruin. Concerned customers rushed to get cash from...

sltrib.com (2 months ago)

ECB: Cyprus has until Monday to OK bailout

Government scrambles to find alternate financing for a $12.94 billion bank bailout plan

cbsnews.com (2 months and 1 day ago)

Cyprus bailout deal prompts relief rally

Eurozone finance ministers approved the $13 billion bailout plan just hours before a deadline

cbsnews.com (1 month and 25 days ago)

Asia stocks rise after Cyprus bailout set

Eurozone finance ministers approved the $13 billion bailout plan just hours before a deadline

cbsnews.com (1 month and 25 days ago)

Cyprus seeks to shield small depositors from raid

NICOSIA, Cyprus — The Cypriot government sought Tuesday to shield small savers from a plan that is intended to raise €5.8 billion ($7.5 billion) toward a financial bailout by seizing money from bank accounts.The plan, which is part of a larger bailout package being negotiated with other European countries, has been met with fury in Cyprus and has sent jitters across...

bostonherald.com (2 months and 3 days ago)

Cyprus Works Furiously On Plan B

NICOSIA, Cyprus — Cypriot officials rushed Wednesday to find a new plan to stave off bankruptcy, a day after Parliament rejected an initial scheme to contribute to the nation's bailout package by seizing up to 10 percent of people's bank savings. Tuesday's decisive rejection of the plan to take a slice of all deposits above 20,000 euros ($25,888) has left the country's...

huffingtonpost.com (2 months and 2 days ago)

Cyprus, IMF Reach Bailout Agreement

Cyprus and the International Monetary Fund reached an agreement for a €1 billion ($1.28 billion) lifeline that will supplement €9 billion in aid the island will get from its euro-zone partners.

wsj.com (1 month and 16 days ago)

EU ministers approve plan to bailout Cyprus

March 25 - Cyprus to get 10 billion euro bailout. Julie Noce reports.

reuters.com (1 month and 25 days ago)

Spanish Bailout Plan Could Reach $125 Billion: Report

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