VENTURE CAPITAL POST

The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.

Alitalia remains operational because of capital infusion from Il Poste and Italian banks.

Monte dei Paschi decided to cancel its coupon payments in order to meet EU bank requirements.

After completion of the Cyprus review, IMF released another USD113 million for the bailout of the country.

Monte Paschi announced that it would approve a stricter restructuring plan on September 24 to qualify for a state bailout.

Slovenia officials said on Friday that it had planned liquidation of two small lenders to ensure financial stability.

Ally Financial Inc. said through a statement that it had sought to repay a bailout debt valued USD1 billion.

Greece's economic growth rates continues to slow down despite bailouts.

UBS can now exercise option to repurchase assets from the Swiss National Bank after paying off its bail out loan.

EU gave PSA Peugeot through a state-funded financial aid valued at Eur7 billion to keep the company afloat.

Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.

On Sunday, Greek and EU officials said that Greece is likely to reach a deal with foreign lenders regarding its bailout review.

Ireland's economy is still in recession as the end of bailout approaches.

Raffeisen Zentralbank agrees to acquire loan assets from Volksbanken AG as part of the bailout plan.

The IMF released Ireland's aid fund for its bailout due to 'steadfast' economy.