Royal decree for bailout funds set to be vetoed by Bahraini parliament

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.

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New investments keep Alitalia flights on time

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

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Monte dei Paschi cancels coupon payments

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

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IMF completes first review of Cyprus bailout program

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

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Monte Paschi expects approval of tougher restructuring plan on Sept 24

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

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Slovenia liquidates two banks as bailout nears

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

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Ally seeks to repay USD$1 billion bailout

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

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Athens economy continues to falter at 4.6% in second quarter

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

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UBS to repurchase SNB stabilization fund in three months

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

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European Commission clears Peugeot bailout

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

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Greece happy with Euro Zone decision

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

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Greece To Seek Aid From Foreign Lenders

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

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Ireland's recovery slower that expected

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

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RZB to Acquire Volksbanken AG Assets

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

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IMF releases aid for Ireland's bailout

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

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