An
international bailout is when multiple countries join together to provide financial assistance to a country facing severe economic problems or a financial crisis. They help by lending money or offering support so that the troubled country can stabilize its economy and manage its debts.
Full definition
Synonyms for individual words can be found below.
«international»
«bailout»
Sentences with «international bailout»
- International lenders have set aside up to 25 billion euros for the recapitalization of banks under terms of Greece's third international bailout, worth up to 86 billion euros. (businessinsider.com)
- Banking sector crises and collapses and several international bailouts later, and Europe is on the road to recovery. (cnbc.com)
- Papademos, a former vice president of the European Central Bank, was appointed prime minister in November and spent five months pushing through harsh austerity measures in order to secure a vital international bailout and a major debt relief deal with banks. (sandiegouniontribune.com)
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