ARTICLES RELATING TO BAILOUT

SAA will continue to lease aircraft, says board

2017-03-20 14:20

The SAA board says the national carrier will continue to lease aircraft in the foreseeable future as it is “simply not in a position” to buy them.

More time for Zuma to weigh in on Absa bailout

2017-01-27 13:38

President Jacob Zuma has been granted an extension to comment on the public protector’s provisional report investigating Bankorp’s bailout by the Reserve Bank.

Absa's Ramos: We have no reason not to trust the public protector

2017-01-20 15:39

Absa CEO Maria Ramos said that although it is unfortunate the public protector’s preliminary report was leaked, the bank still respects the institution.

Greece sticks to bailout targets in draft budget

2015-10-06 16:30

Greece has stuck strictly to the targets enshrined in its international bailout programme in unveiling a draft budget which sees the economy shrinking in 2016.

Video
HEADLINES: Durban refugee camp closure, Eskom funding & Greece economy

In today's news headlines: the last refugee camp in Durban closes, Government sells its stake in Vodacom to fund Eskom and Greece's bailout plan expires.

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Pension, labour disputes dog Greek talks

2015-05-04 16:34

Differences over pension and labour reforms continue to dog intensive negotiations between Greece and its international creditors despite progress in other areas.

Greece, creditors commence bailout talks

2015-03-12 11:52

Greece and its international creditors have held a new round of negotiations on which kind of reforms are necessary in return for further bailout aid.

Germany softens tone ahead of Greek debt talks

2015-02-20 15:45

European Union paymaster Germany has softened its tone as eurozone finance ministers raced to break a deadlock over Athens' debts.

No more money with strings attached - Greece

2015-02-09 10:45

Greece's new leftist-led government, isolated in the eurozone, says it wants no more bailout money with strings attached from the EU and the IMF.

Germany won't accept one-sided Greek bailout

2015-02-02 16:30

Berlin will not accept any one-sided changes to Greece's bailout scheme, says German Finance Minister Wolfgang Schaeuble.

 

Bid to revive report on apartheid looting a political ploy - Gordhan

2017-01-30 09:37

Finance Minister Pravin Gordhan has labelled a court application by Black Land First to resurrect a report on alleged apartheid era looting as a political ploy, says a report.

Absa should pay back R10bn, says Manyi

2017-01-22 11:09

Progressive Professionals Forum head Mzwanele Manyi says the PPF's estimates are that Absa needs to pay back R10bn and they hope the full list of those implicated will be brought to book.

SAA's R5bn guarantee comes with significant risk - DA

2016-09-11 11:34

By granting SAA a guarantee, National Treasury wouldn't be able to hold the airline board accountable if it doesn't fulfil particular conditions, says the DA.

Greece to get €6bn bridge loans if no agreement at Eurogroup

2015-08-14 09:15

Greece could get €6.04bn in bridge financing if eurozone finance ministers cannot agree on the planned third bailout for Athens when they meet again.

Eskom bailout going to 'black hole', Parly hears

2015-06-25 15:42

Two bills, which would enable a bailout of billions of rands for Eskom, have been passed by the National Assembly in the absence of the largest opposition parties.

Greece to offer taxpayers a deal

2015-04-29 10:15

Greece is to allow money held abroad by its taxpayers to be declared without penalty and taxed at a discount rate, a move to help overcome a threat of bankruptcy.

Greece gets half-billion euro lifeline

2015-03-11 09:09

After turning the screws on Athens for a week, the European Stability Mechanism has thrown Greece's radical new government a €555m lifeline.

Eurogroup will back Athens proposal - Greece

2015-02-19 10:00

Greek finance minister believes eurozone finance ministers would approve an Athens government proposal on extending the country's loan agreement.

Greek govt in Rome for talks on bailout

2015-02-03 16:45

Leaders of Greece's new leftist government were due in Rome as they continued a tour of European capitals to press their demands for debt relief.

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.

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