Sentences with phrase «for eurozone bailouts»

Mr Redwood, a Eurosceptic, said David Cameron had struck a deal in 2010 for the fund not to be used for eurozone bailouts.

However, George Osborne immediately rejected the idea, according to Treasury officials who said Brussels was told that the # 1bn of UK funds in the ESM should not be used for eurozone bailouts, in accordance with a 2010 agreement.

Not exact matches

The eurozone's central bankers, as well as some of the less charitable politicians in the region's lending countries, say Spain must first request that money from the central bailout funds and agree to stringent conditions in return for support.

«We know time is critical for Greece, but there are no shortcuts,» said Klaus Regling, the official in charge of the European stability mechanism — the eurozone's permanent bailout fund that Greece hopes to tap.

In my first week as minister for finance I was visited by Jeroen Dijsselbloem, president of the Eurogroup (the eurozone finance ministers), who put a stark choice to me: accept the bailout's «logic» and drop any demands for debt restructuring or your loan agreement will «crash» — the unsaid repercussion being that Greece's banks would be boarded up.

The Greek government had to meet the payment deadline to continue negotiating with the IMF and eurozone finance ministries for another bailout package that would keep the country afloat — for the time being.

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro slumped to a four - month low in the aftermath of the bailout of Cyprus, as market participants worried about the implications for other countries on the periphery of the eurozone.

She was speaking after Eurozone leaders agreed to give Greece a third bailout package of up to $ 86bn over the next three years, in exchange for further austerity and reforms.

And why is there a constant talk of the need for Spain to request a full bailout from Eurozone partners?

He stood down as finance minister last summer as Greece came close to leaving the eurozone during negotiations for a third bailout.

When he spoke about six «complete untruths» he says Vote Leave is claiming will happen if Britain stays in the EU, like being liable for future Eurozone bailouts, people still believed the Leave campaign.

The protests come as governments across the eurozone push through cuts to public sector pensions, wages and services, in return for a financial bailout.

Britain will fight to win guarantees that that an EU bailout fund designed for natural disasters will not be used to prop up the eurozone today.

Greek Finance Minister Euclid Tsakalotos attends a session of Parliament in Athens on Wednesday as lawmakers prepared to vote on reforms demanded by eurozone creditors in exchange for a new bailout.