Bailouts
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*Slovenia buys breathing room to pursue reforms. LONDON, May 2- Slovenia borrowed $3.5 billion on international markets on Thursday to shore up its ailing banks and stave off a bailout, bouncing back to finish an issue it had aborted two days earlier after Moody's cut its credit rating to junk.
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*Slovenia buys breathing room to pursue reforms. LONDON, May 2- Slovenia borrowed $3.5 billion on international markets on Thursday to shore up its ailing banks and stave off a bailout, bouncing back to finish an issue it had aborted two days earlier after Moody's cut its credit rating to junk.
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*Greece sells controlling stake in gambling firm OPAP. ATHENS, May 1- Greece has secured the first of the privatisation deals required under its international bailout, with the sale of its 33 percent stake in betting firm OPAP to a Greek-Czech investment fund.
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*Greece sells controlling stake in gambling firm OPAP. ATHENS, May 1- Greece has secured the first of the privatisation deals required under its international bailout, with the sale of its 33 percent stake in betting firm OPAP to a Greek-Czech investment fund.
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LISBON, April 30- Portugal Telecom placed one billion euros in seven-year bonds on Tuesday in the largest debt issue by a Portuguese company since the country's 2011 bailout, taking advantage of improving investor sentiment towards the euro zone periphery.
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Cyprus's parliament voted to back an EU bailout on Tuesday, tying lawmakers to impose substantial losses on bank depositors, and wind down one of the its biggest banks.
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NICOSIA, April 30- Cyprus's parliament approved on Tuesday an EU bailout including provisions to impose substantial losses on bank depositors and wind down one of the island's biggest banks. By a show of hands, 29 lawmakers approved ratification of the bailout bill and 27 opposed.
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*Cyprus government likely to clinch bailout vote. NICOSIA, April 30- Cyprus's lawmakers were set agree a bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have intensified calls from islanders to exit the euro.
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*Cyprus government likely to clinch bailout vote. NICOSIA, April 30- Cyprus's lawmakers were set agree a bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have intensified calls from islanders to exit the euro.
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LJUBLJANA, April 30- Slovenia will sell two dollar bonds on Tuesday to raise cash to help it bail out its ailing state-owned banks, cover its budget deficit until next year and avoid joining the euro zone's bailout queue. Sources said Slovenia decided to launch the bond sale after officials met investors last week and found good demand.
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*Cyprus lawmakers meet to debate, vote on bailout. Lawmakers were due to meet in an extraordinary session to ratify the terms of the aid, which is conditional on Cyprus winding down its second-largest bank and imposing heavy losses on uninsured depositors in another.
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*Cyprus lawmakers meet to debate, vote on bailout. Lawmakers were due to meet in an extraordinary session to ratify the terms of the aid, which is conditional on Cyprus winding down its second-largest bank and imposing heavy losses on uninsured depositors in another.
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*Cyprus lawmakers meet to debate, vote on bailout* Government likely to clinch vote with thin majority* Main opposition party wants funding from elsewhere By Michele Kambas.
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Efi Xanthou, International press relations for the Green Party in Cyprus, tells CNBC that she continues to oppose the euro zone bailout as it will destroy Cyprus's financial sector which made up 40 percent of GDP.
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*Cyprus bailout scrapes through island's parliament. NICOSIA, April 30- Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have intensified calls from islanders to exit the euro.
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*Cyprus bailout scrapes through island's parliament. NICOSIA, April 30- Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have intensified calls from islanders to exit the euro.
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*Cyprus lawmakers meet to debate, vote on bailout. NICOSIA, April 30- Cyprus's parliament decides on Tuesday whether to back a bailout imposed by its EU partners, with approval likely from a thin majority against mounting calls for the island to exit the euro.
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*Cyprus lawmakers meet to debate, vote on bailout. NICOSIA, April 30- Cyprus's parliament decides on Tuesday whether to back a bailout imposed by its EU partners, with approval likely from a thin majority against mounting calls for the island to exit the euro.
