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abtest

EU weighs options for common bank bailout fund

By Juergen Baetz | October 15, 2013 - 2:00am

Eurozone finance ministers on yesterday sought ways to create a common fund to restructure or bail out troubled banks, an effort to keep financial problems in one country from endangering the entire 17-nation currency...

World

IMF welcomes Eurogroup's financial support for Spain

June 10, 2012 - 11:00am

The head of the International Monetary Fund hailed the Eurogroup's commitment to give Spain financial support on Saturday.

Eurozone wants cross-party commitment in Greece

November 8, 2011 - 5:08am

The chairman of the Eurogroup says eurozone finance ministers have asked the leaders of Greece's two main parties for a co-signed letter reaffirming their commitment to the country's bailouts and economic re...

Euro bailout fund size could be boosted in October

October 4, 2011 - 5:38pm

Eurozone leaders will likely boost the firepower of their bailout fund at a summit later this month, Belgium's finance minister said Tuesday, as a push to impose larger losses on Greece's private creditors appeared...

IMF welcomes Eurogroup's financing commitment on Greece

July 3, 2011 - 9:02am

The International Monetary Fund (IMF) said on Saturday that it welcomed the Eurogroup's commitment to a financing strategy on debt-ridden Greece.