A Look At The 4 Eurozone Countries With Bailouts


Europe agreed Saturday to allow Spain to tap a rescue fund of up to (EURO)100 billion ($125 billion) to bail out its troubled banks, which are struggling under the weight of soured real estate loans after a Spanish housing bubble burst. Spanish Economy Minister Luis de Guindos said the country will reveal how much money it needs within coming weeks, after audits of its financial sector are completed.

Sections:  news   world   
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Pope hints at possible changes to scandal-ridden Vatican bank
    Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More
  • Signature Dishes From 50 Countries Around the World – Jaweb
    The flavors and aromas of a signature dish can tell colorful and intricate tales about a nation’s spirit, its history, and its culture. While tasty platters today may be held up as proud testaments to ...
    01/14/2021 - 12:50 pm | View Link
  • Fragile eurozone recovery projected
    Euro coins are seen in front of displayed flag and map of European Union in this picture illustration taken on May 28 2015. [Photo/Agencies] Credit ratings agency Moody's says borrowing during the ...
    01/14/2021 - 11:00 am | View Link
  • Pandemic is boosting euro zone imbalances, ministers to mull way out
    The COVID-19 pandemic is increasing economic imbalances in the euro zone, the European Commission will tell the bloc's finance ministers on Monday, but reforms and investments funded by European Union ...
    01/14/2021 - 10:52 am | View Link
  • Transcript of the Managing Director's Virtual Media Roundtable with The Washington Post, Nikkei, Press Trust of India, Business Day, and Le Figaro
    We have the Common Framework in place, we have to make sure that we press private and public lenders to engage on debt restructuring when it is necessary. And two, to provide more grants and ...
    01/14/2021 - 10:22 am | View Link
  • Ministers are set to ban flights from Brazil and surrounding countries
    O committee will consider suspending all travel from the whole of South America to tackle the variant. It would mirror beefed-up restrictions brought in for South Africa.
    01/13/2021 - 9:05 pm | View Link
  • More


Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News