Spain: Decision On Bailout Within Weeks

The Spanish government said Wednesday it will decide within the next few weeks whether to ask for outside financial help, noting it might opt for a precautionary line of credit instead of bailou...

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  • 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
  • Swedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
  • Italy in recession; Greece receives bail out; Spain the new challenge
    Meanwhile Euro zone finance ministers gave their final approval to a second bailout for Greece on Monday ... aims to finance Athens until 2014. The decision will be formalised by junior officials ...
    04/29/2021 - 2:09 pm | View Link
  • Spain's Reig Jofre new plant to produce J&J vaccine by end-Q2
    MADRID (Reuters) - Spanish pharmaceutical Reig Jofre said on Thursday that its new plant in Barcelona will start producing the COVID-19 vaccine developed by U.S. company Johnson & Johnson by the end ...
    04/28/2021 - 9:50 pm | View Link
  • Wave of Offshore Wind Creates Surge for Energy Justice
    Ratepayers and taxpayers are funding the expansion of renewable energy while multinational corporations and their shareholders get rich. Advocates for energy democracy are working to change this ...
    04/26/2021 - 1:45 am | View Link
  • António Horta-Osório: ‘Lloyds was about to die’
    The incoming Credit Suisse chief on his battles in finance, stress, tabloid troubles — and why Rafael Nadal is his idol ...
    04/23/2021 - 12:30 am | View Link
  • Brexit LIVE: EU shot itself in foot! Member states attack MEPs for playing into UK's hands
    EU diplomats have responded with fury after the European Parliament refused to say when it will vote on the UK-EU trade agreement signed last December.
    04/15/2021 - 12:00 pm | View Link
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  • Greek Debt Crisis: Summary, Causes, Timeline, Outlook
    The EU and the International Monetary Fund provided 240 billion euros in emergency funds in return for austerity measures. The loans only gave Greece enough money to pay interest on its existing debt and keep banks capitalized. The EU had no choice but to stand behind its member by funding a bailout.
    05/5/2021 - 6:32 am | View Website
  • European Union | Definition, Purpose, History, & Members ...
    European Union (EU), international organization comprising 27 European countries and governing common economic, social, and security policies. The EU was created by the Maastricht Treaty, which entered into force on November 1, 1993. The EU’s common currency is the euro. Learn more about the EU in this article.
    05/5/2021 - 12:13 am | View Website
  • Post-2008 Irish banking crisis
    The post-2008 Irish banking crisis was the situation whereby, due to the Great Recession, a number of Irish financial institutions faced almost imminent collapse due to insolvency.In response, the Irish government instigated a €64 billion bank bailout.This then led to a number of unexpected revelations about the business affairs of some banks and business people.
    05/4/2021 - 7:34 pm | View Website
    april 21//solid day for both gold and silver:gold up $14.40 to $1792.90/silver up 72 cents to $26.49//strong gold advance in tonnage standing at the comex: to 93.3 tonnes//silver increases slightly to 14.915 million oz//we still have a massive 73,000 oi for the front may silver delivery month//gold for may will probably have 5.2 tonnes standing//coronavirus update//vaccines update//russia vs ...
    05/4/2021 - 7:05 pm | View Website
  • Explaining Greece’s Debt Crisis
    European authorities have authorized handing 7.5 billion euros, or $8.4 billion, in bailout aid to Greece, which will allow the country to keep paying its bills in the coming months.It has also ...
    05/4/2021 - 5:58 am | View Website
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