Topic: Financial Rescue Plans
WASHINGTON (Reuters) - The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, hoping to stem a contagion that is spreading worldwide and threatening global growth.Uncertainty is turning into frustration and near-panic among policymakers outside ...
ATHENS (Reuters) - Greece's conservatives vowed on Monday to reject any new austerity measures in return for the aid that is keeping Athens from bankruptcy, signaling a new coalition government may not enjoy the kind of cross-party support its lenders demand.New technocrat ...
ATHENS (Reuters) - Greece's conservatives vowed on Monday to reject any new austerity measures in return for the aid that is keeping Athens from bankruptcy, signaling a new coalition government may not enjoy the kind of cross-party support its lenders demand.New technocrat ...
The head of the International Monetary Fund arrived in Tokyo on Friday, where she will meet Japan's finance minister and the central bank chief for talks likely to be dominated by Europe's debt crisis.IMF chief Christine Lagarde, on a trip that has ...
Hopes of a breakthrough in naming a new leader for debt-wracked Greece were dashed again Wednesday after politicians failed to agree on a surprise candidate amid intense pressure with bankruptcy only weeks away.A source said that negotiations between the two main parties ...
Talks on the creation of a unity government to pull Greece out of a debt quagmire dragged into a third day Wednesday after hitting a hurdle over EU demands on a desperately needed rescue package.Political leaders failed Tuesday to name a power-sharing ...
A top official of China's $400 billion sovereign wealth fund has accused Europe of "indolence" and said any Chinese investment in the debt-laden region would be based on financial returns.Jin Liqun, chairman of the board of supervisors of China Investment Corp, slammed ...
China said on Friday it would seek more clarity before investing in an EU bailout fund, as the head of the scheme held talks in Beijing to try to win the help of the world's second-largest economy.Expectations for a strong commitment from ...
ATHENS (Reuters) - The European Union stepped in to force Greece's political parties into a coalition that will save the country from immediate default but the bickering that marked the negotiations bodes ill for Greece's place in the euro zone.The deal on ...
WASHINGTON (Reuters) - The Treasury Department received a $972 million repayment from American International Group , funded by proceeds from the sale of AIG'S American Life Insurance Co. subsidiary last November, Treasury said on Tuesday.Treasury said its remaining investment in AIG now ...