The sale of a majority stake in DESFA is mandated under Greece's latest
international financial bailout, worth up to 86 billion euros.
Not exact matches
Chinese officials signaled their willingness to contribute as much as 100 billion euros to the European
Financial Stability Fund, or possibly a new
bailout mechanism set up by the
International Monetary Fund.
After more than two years of
financial crisis,
international bailouts, a huge debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.
Greece has been unable to form a coalition government since voters gave support to political parties that want to cancel or renegotiate the terms of a massive
financial bailout by
international lenders that requires harsh austerity measures.
In response to the dawn of the
financial crisis, in 2010 the Greek government along with Troika (European Union (EU), the
International Monetary Fund (IMF) and the European Central Bank (ECB) introduced a strict austerity program in order to receive its first
bailout loan.
This refusal on Treasury to do something as simple as print the names of the «10 of the largest U.S.
financial institutions» is similar to the same kind of arrogance the NY Fed displayed during the early days of the goverment's
bailout of American
International Group.
WASHINGTON — Former members of a congressional panel that oversaw
bailouts during the
financial crisis blasted the Treasury Department on Monday for quietly granting a tax break worth billions to insurance giant American
International Group.