Eurozone backs Greece credit lifeline

2014-11-07 13:00

Eurozone finance ministers have backed a precautionary credit line for Greece after the country exits its bailout at the end of the year.

Oz govt to save automakers?

2013-08-05 09:01

The Australian government has pledged the equivalent of R1.7-billion to the nation's automakers to shore up struggling sectors.

Finland finally agrees to Spanish bailout

2012-07-20 11:45

Finland's parliament has approved a European aid package for ailing Spanish banks, as well as a deal for collateral from Spain in exchange for Helsinki's participation.

IMF: Sri Lanka seeking fresh bailout

2012-06-15 16:14

Sri Lanka is seeking fresh help from the International Monetary Fund after drawing down a previous $2.6bn bailout, says a top IMF official.

Greece bailout wracked by uncertainty

2012-02-16 16:36

Greece is battling eurozone mistrust and tensions as it strives to strike a deal that would allow a second bailout to help it stave off bankruptcy.

Report: Greece must undertake deeper reforms

2011-10-09 11:01

A leading member of the international team assessing heavily indebted Greece's progress says the government must undertake even deeper reforms.

Geithner urges EU to leverage €440bn fund

2011-09-16 11:35

US Treasury Secretary Timothy Geithner has pressed eurozone ministers to leverage their bailout fund and free up more resources to tackle their debt crisis.

Cosatu: Swazi loan will never be repaid

2011-09-09 13:12

Swaziland will never repay South Africa its R2.4bn loan, despite claims it will come from future revenues, says Cosatu.

SA ties terms to Swazi bailout

2011-08-03 15:36

Finance Minister Pravin Gordhan says a loan of more than R2bn to Swaziland has conditions attached.

SA bails out Swaziland

2011-08-03 10:11

Cash-strapped Swaziland has been granted a loan of more than R2bn, says the Reserve Bank.

SA says Swazi bailout not yet decided

2011-06-28 12:05

The government has refuted reports that it has agreed to a loan for cash-strapped Swaziland, saying discussions are still continuing.

Swaziland asks SA for bailout

2011-06-23 14:11

Cash-strapped Swaziland has asked South Africa for a loan to help with a fiscal crisis, says Finance Minister Pravin Gordhan.

US Treasury sells $5.8bn AIG stake

2011-05-25 10:13

The US Treasury says it is selling $5.8bn worth of AIG shares, in the US government's first move toward winding down its stake in the bailed out insurance group.

US financial crisis 'avoidable': probe

2011-01-28 09:49

The financial crisis that engulfed the globe and cost millions of jobs could have been avoided, a US government-appointed panel has said.


Court confirms legality of euro bailout

2014-03-18 12:40

Germany's Constitutional Court confirmed the legality of the euro zone's bailout fund, upholding a preliminary ruling.

Spain heading for 'full-blown bailout'

2012-09-08 23:14

Willing or not, Spain is heading towards a full-blown bailout with IMF supervision, strict conditions and the threat of even more painful austerity cuts, analysts say.

Greek bond swap success lifts rescue hopes

2012-03-09 07:58

Athens has closed a bond swap offer aimed at reducing its colossal debt pile and averting a chaotic default that would pitch the eurozone into fresh crisis.

Eurozone mulls delay of Greek bailout

2012-02-15 15:53

A second bailout may be held back as Greece remains reluctant to commit to the terms of the €130bn package to stave off bankruptcy and a disorderly default.

Trichet: No to bailout fund lending

2011-10-04 19:06

The European Central Bank should not help to refinance the eurozone rescue fund by lending it money, says its president Jean-Claude Trichet.

Mswati pleads for Greek-style bailout

2011-09-14 18:30

Swaziland's King Mswati III says the International Monetary Fund and World Bank should rescue his cash-strapped country like they did Greece and Portugal.

Swaziland fiscal crisis deepening - IMF

2011-08-31 14:58

In spite of a loan from SA, Swaziland's funds shortage is worsening, says the International Monetary Fund.

SA ties terms to Swazi bailout

2011-08-03 15:36

Finance Minister Pravin Gordhan says a loan of more than R2bn to Swaziland has conditions attached.

Swaziland gets SA bailout - report

2011-08-03 09:55

Swaziland has secured a R2.4bn loan from the South African Reserve Bank, according to Swaziland's Times newspaper.

Cosatu: Don't rescue Swaziland

2011-06-24 17:13

Trade union federation Cosatu says South Africa should demand regime change in Swaziland and not entrust loans to King Mswati's government.

EU to draft second Greek bailout: sources

2011-05-30 13:51

The European Union is working on a second bailout package for Greece in a race to avert the risk of the euro zone country defaulting, say EU officials.

Portugal faces bond test

2011-01-12 10:54

Portugal will make its 2011 debut on the long-term debt market, but it may not be its last as reported aggressive intervention by the ECB might help it escape a bailout.

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