Sentences with phrase «second bailout»
The phrase "second bailout" refers to providing more financial help or support to a person, organization, or country that is in financial trouble. It's like giving them a second chance to overcome their economic difficulties. Full definition
Without the agreement on those measures, both sides are unable to conclude the so - called second bailout review — originally scheduled for last October.
cnbc.com
Embedded in the programming of this first bitcoin was the text «The Times 03 / Jan / 2009 Chancellor on brink of second bailout for banks.»
The block contained the text «The Times 03 / Jan / 2009 Chancellor on brink of second bailout for banks» which was a newspaper headline from the British publication The Times.
That was Greece's second bailout following a 110 billion euros ($ 146 billion) rescue in 2010.
The group which has approved Greece's second bailout lays out its reasoning for the new bailout agreement
The creator of the cryptocurrency, Satoshi Nakamoto, is famously known to have included the message, «The Times 03 / Jan / 2009 Chancellor on brink of second bailout for banks.»
In the coinbase parameter, there was a simple message: «The Times 03 / Jan / 2009 Chancellor on brink of second bailout for banks.»
The official said that the IMF is still willing to join the program after the second bailout review but there needs to be commitments of lower surplus targets and significant debt relief, which doesn't seem to be happening for now.
The International Monetary Fund is waiting for the conclusion of the second bailout review to assess whether it will contribute to Greece's third bailout program.
European creditors are starting a second bailout review, which should give more indications as to how they will restructure Greek debt.
According to a spokesperson of the European Commission, European authorities are currently in Athens to complete the second bailout review, which should pave the way for further disbursements.
The same official, who is part of the negotiations, told CNBC on Friday that «there's a lot of focus on the IMF... but even if the IMF wouldn't exist on this planet, Greece and the EU wouldn't be able to conclude the second bailout review.»
If indeed European creditors recognize next week that Greece has completed all the agreed measures for the second bailout review, then this would pave the way for new disbursements.
Athens, facing a second bailout review entailing an unpopular loosening of labour laws in the autumn, is keen to show that painful tax rises and pension cuts as part of its 86 - billion - euro bailout deal last year will bear fruit.
However, beyond the second bailout review, the Greek debt issue and the IMF's participation are yet to be solved.
Former Greek Prime Minister George Papandreou proposed calling a referendum on a private sector debt - restructuring plan agreed with the creditors as part of a second bailout package in October 2011.
It's hard to know for sure, but market analysts point to new types of souped - up computerized trading and extraordinary global economic turmoil — from protests over a second bailout for Greece to the downgrade of United States debt.
Last July, in one of his first big speeches after his appointment had become official, and just before Greece would need a second bailout, Mr. Draghi seemed to break with Mr. Trichet.
Meimarakis and Tsipras argued on the issue of debt relief and the opposition leader reminded him that the agreement reached with the partners in July is identical to the one signed in 2012 by then conservative prime minister, Andonis Samaras, when the second bailout was closed.
The former European Central Bank deputy head was appointed after Papandreou was forced to resign following a sudden decision to put the country's second bailout to a referendum.
Did it really need a second bailout courtesy of homely Uncle Warren?
«Martin Callanan MEP: Greece's partial default will buy some time, but a second bailout will not be enough to save it Main Tobias Ellwood MP campaigns for Parliament's «Big Ben Tower» to be renamed for Queen's Diamond Jubilee»
Just three months after a second bailout, Greece is failing to deliver its end of the bargain and bond markets are signalling that it will not repay all its debt.
This is a recipe for bankrupting all the automakers and for a second bailout that will makes the taxpayer bailout of GM and Chrysler look cheap.
It said, «The Times, 3 January 2009, Chancellor on brink of second bailout for bank».