Phrases with «first bailout»

The phrase "first bailout" refers to the initial financial assistance given to a struggling entity or organization by a government or other stakeholders. It is the first instance where help is provided to prevent a collapse or failure of that entity. Full definition

first bailout

Sentences with «first bailout»

The Greek Parliament approved on Tuesday the creation of an inquiry commission to examine the circumstances that forced Greece to solicit its first bailout in 2010, causing an exponential debt increase. (sandiegouniontribune.com)
Therefore, in February 2012 the Troika (the Eurogroup, the European Central Bank and the International Monetary Fund) finalized the second rescue package worth a $ 173 billion (including money left over from the first bailout) provided by the newly created European Financial Stability Facility. (resourceinvestor.com)
In May 2010 the European Union and International Monetary Fund approved the first bailout worth $ 110 billion, under the condition of austerity measures. (resourceinvestor.com)
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Phrases with «first bailout»

Sentences with «first bailout»

See also