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Bailouts

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  • ATHENS, May 26- Greece's ruling coalition will find it harder to push through unpopular reforms demanded under an EU/IMF bailout after a clear EU election victory by the radical leftist Syriza party.

  • Auto industry's road to recovery     Wednesday, 21 May 2014 | 7:31 AM ET

    CNBC's Phil LeBeau talks with Steven Rattner, former U.S. Treasury auto advisor, about the government's bailout of the auto industry, General Motor's recall crisis and Chrysler's comeback.

  • LISBON, May 16- As Portugal's government toasts its exit from an international bailout that imposed years of austerity on its citizens, small business owner Alexandra Capelo is in no mood to join the celebrations.

  • Pedro Passos Coelho, Portuguese prime minister, comments on the sacrifices made by Portugal to exit its bailkout program and says there is "no risk of imprudent budget policy."

  • Pedro Norton, CEO of Impresa, says Portugal's economy is in a "much healthier position" after exiting the bailout.

  • ATHENS/ BRUSSELS, May 16- Greek radical leftist leader Alexis Tsipras, running to head the European Commission, said on Thursday his country's EU-led bailout has been a failure, despite Athens' recent return to bond markets.

  • People understood austerity in Portugal: PM     Thursday, 15 May 2014 | 7:00 PM ET

    Portuguese Prime Minister Pedro Passos Coelho, says the people understood the steps the country took during its bailout program.

  • *Slovenia narrowly dodged bailout, risks remain. LJUBLJANA, May 9- Slovenia's outgoing prime minister Alenka Bratusek has a fighting chance of doing well enough in a snap election to allow her to return to power and implement the economic rescue plan that markets believe is needed to stave off a bailout.

  • May 8- Fannie Mae and Freddie Mac said on Thursday they would pay dividends totaling $10.2 billion to the U.S. Treasury next month, pushing taxpayers further into the black on their bailout of the mortgage finance firms.

  • LONDON, May 5- Portuguese bond yields fell on Monday after Lisbon said it would exit its international bailout programme later this month without a back-up loan, a bold step for a country that two years ago was thought to be at risk of defaulting on its debts.

  • The IMF aid will allow the immediate disbursement of $3.2 billion to Kiev and unlock further credits from other donors of about $15 billion, intended to help Ukraine stabilize its economy in the middle of its worst civil turmoil since independence in 1991..

  • WASHINGTON, April 30- The International Monetary Fund's board signed off on a $17 billion two-year aid program for Ukraine on Wednesday to help the former Soviet republic's economy recover after months of turmoil.

  • Portugal to exit massive bailout without backstop Wednesday, 30 Apr 2014 | 6:53 PM ET
    Portuguese Prime Minister Pedro Passos Coelho arrives at the EU headquarters in Brussels on March 20, 2014.

    Portugal follows Ireland as the second eurozone country to opt for a clean exit from a punishing rescue program.

  • WASHINGTON- The U.S. government lost $11.2 billion on its bailout of General Motors Co, more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.

  • UPDATE 1-IMF approves $17 billion bailout for Ukraine Wednesday, 30 Apr 2014 | 5:25 PM ET

    WASHINGTON, April 30- The International Monetary Fund's board signed off on a $17 billion two-year aid program for Ukraine on Wednesday to help the ex-Soviet republic's economy recover after months of turmoil.

  • IMF approves $17 billion bailout for Ukraine Wednesday, 30 Apr 2014 | 5:14 PM ET

    WASHINGTON, April 30- The International Monetary Fund's board signed off on a $17 billion two-year aid program for Ukraine on Wednesday to help the ex-Soviet republic recover after months of turmoil.

  • LISBON, April 30- Portugal's government expects to have room to start reversing public sector salary cuts from 2015 while maintaining its budget deficit reduction targets after the end of its international bailout next month.

  • US government lost $11.2 billion on GM bailout Wednesday, 30 Apr 2014 | 11:36 AM ET
    The front of the General Motors world headquarters complex sports a new banner to proclaim its return to the NYSE November 18, 2010 in Detroit, Michigan.

    The $11.2 billion loss includes a write-off in March of the government's remaining $826 million investment in 'old' GM, a Treasury watchdog said.

  • U.S. government says it lost $11.2 billion on GM bailout Wednesday, 30 Apr 2014 | 11:00 AM ET

    WASHINGTON, April 30- The U.S. government lost $11.2 billion on its bailout of General Motors Co, more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.

  • April 29- Ratings agency Standard& Poors said it has downgraded 15 European banks, including Barclays Credit Suisse and Deutsche Bank, after European lawmakers agreed on a framework that prevents governments from having to bail out troubled banks. The banks, many of which are systemically important, also included ABN AMRO, Bank Of Ireland and ING Bank.