GO
Loading...

Enter multiple symbols separated by commas

Bailouts

More

  • WASHINGTON, April 16- Greece on Thursday sounded a mix of defiance and willingness to compromise with its international creditors on reforms required to unlock more loans, as it faces running out of money ahead of debt repayments next month. Its official creditors- the euro zone and the IMF- have frozen bailout aid until the new leftist-led government in Athens...

  • WASHINGTON, April 16- The head of the International Monetary Fund on Thursday signaled she would not grant a payment delay to Greece, as it had never been done for an advanced economy and the Fund should protect its safe reputation. Greece is fast running out of cash and its euro zone and IMF lenders have frozen bailout aid until the new leftist-led government in...

  • It's 'crunchtime' for Greece: Kraemer   Thursday, 16 Apr 2015 | 11:00 AM ET
    It's 'crunchtime' for Greece: Kraemer

    Moritz Kraemer, chief sovereign ratings officer at Standard & Poor's, says that it's a "race against the clock" for Greece, with all easy options off the table.

  • Greece vs. EU: Who 'blinks' first?   Thursday, 16 Apr 2015 | 11:00 AM ET
    Greece vs. EU: Who 'blinks' first?

    David Stubbs, global markets strategist at J.P. Morgan Asset Management, says there will be resolution before June for Greece, adding that he hopes there is flexibility on both sides.

  • SocGen: 10% chance of sustainable deal for Greece   Thursday, 9 Apr 2015 | 4:00 AM ET
    SocGen: 10% chance of sustainable deal for Greece

    Anatoli Annenkov, senior European economist at Societe Generale, says that for Greece to pay back all of its loans, there needs to be more progress at the next Eurogroup meeting.

  • Greek reforms: The risks ahead   Wednesday, 8 Apr 2015 | 11:00 AM ET
    Greek reforms: The risks ahead

    Edmund Shing, global equity portfolio manager at BCS Financial Group, discusses Greece's reform plans and the potential risks ahead.

  • Why Greece really needs tax reforms   Tuesday, 7 Apr 2015 | 11:40 AM ET
    Why Greece really needs tax reforms

    Constantine Michalos of the Greek Chamber of Commerce and Industry, discusses the best course of action to boost Greek business.

  • WASHINGTON, April 5- Greek Finance Minister Yanis Varoufakis said on Sunday Greece "intends to meet all obligations to all its creditors, ad infinitum" following a meeting in Washington with International Monetary Fund officials. She said due diligence efforts in Athens and talks with teams in Brussels over the terms of Greece's bailout would "resume promptly...

  • Risk of a 'messy outcome' in Greece?   Wednesday, 1 Apr 2015 | 4:00 AM ET
    Risk of a 'messy outcome' in Greece?

    David Marsh, managing director at OMFIF, doesn't think that Greece will leave the euro zone soon, however there still could be a "messy outcome."

  • LONDON, March 30- Greek bond yields edged up on Monday as investors cautiously waited to see whether Athens would come up with a list of reforms sufficient to unlock much-needed bailout cash. While Greece sounded an upbeat tone on talks through the weekend, creditors said the list submitted by Athens on Friday was more a collection of ideas than something that...

  • *Ukraine wants bondholders to accept debt writedown. *Entire IMF-led bailout for Ukraine at risk. Moscow bought the bonds from Kiev before a pro-Russian president was forced from power early last year, opening a rift which widened with the annexation of Crimea and a separatist rebellion in eastern Ukraine.

  • *Ukraine wants bondholders to accept debt writedown. LONDON, March 26- A legal conundrum is threatening plans to ease Ukraine's debt burden and possibly its entire $40 billion IMF-led bailout: should a $3 billion Eurobond held by Russia be classed as commercial paper, or as bilateral sovereign debt? Moscow bought the bonds from Kiev before a pro-Russian...

  • Ukraine bondholders face haircuts and extensions Wednesday, 25 Mar 2015 | 9:50 AM ET

    But Ukraine, as the country's finance minister points out, lacks the wealthy, albeit grudging euro zone backers that Athens has, and its $40 billion bailout is modest compared with the 240 billion euro Greek rescue. Creditors are preparing for battle, not least Russia, which is locked in conflict with Ukraine and holds $3 billion worth of the bonds.

  • *Bailout fund to consider returning 1.2 bln euros to Greece. ATHENS/ BERLIN, March 24- Greece risks running out of cash by April 20 unless it secures fresh aid, a source familiar with the matter told Reuters on Tuesday, leaving little time to convince sceptical creditors it is committed to economic reform. After talks with EU leaders including German Chancellor...

  • NEW YORK, March 23- U.S. Treasuries prices rose on Monday amid investor anxiety over negotiations between Greece and its creditors over the terms of a 240- billion-euro bailout for the cash-strapped nation. "This is an incredibly important week for Greece.

  • BERLIN/ ATHENS, March 23- Greek Prime Minister Alexis Tsipras, pressing for cash to keep his country afloat, began talks with Germany's Angela Merkel on Monday after Berlin ruled out any breakthrough in differences with the euro zone over Athens's international bailout. Tsipras' pledge to submit a full reform package within days to unlock money that Greece...

  • Treasuries prices rose on Monday amid investor anxiety over negotiations between Greece and its creditors over the terms of a 240- billion-euro bailout for the cash-strapped nation. "This is an incredibly important week for Greece. The level of anxiety could run high but there is still optimism there will be a resolution between Greece and its creditors, "said...

  • BERLIN/ ATHENS, March 23- Germany's Angela Merkel does not expect talks on Monday with Greek Prime Minister Alexis Tsipras to resolve his differences with the euro zone over Greece's bailout but she does want to hear from him in person about his reform plans, an aide said. Tsipras' talk of coming up with a new reform package within days to unlock the cash that Greece...

  • Can Greece make up with Germany?   Monday, 23 Mar 2015 | 5:00 AM ET
    Can Greece make up with Germany?

    Greek Prime Minister, Alexis Tsipras, is due to meet German Chancellor, Angela Merkel, to discuss debt negotiations. CNBC's Annette Weisbach discusses what to expect.

  • NEW YORK, March 20- American International Group Inc shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. The U.S. Justice Department and U.S. Securities and Exchange Commission closed related probes...