Eurozone delays decision on new Greek bailout
• Eurozone finance ministers scrap planned meeting in Brussels on Sunday • Denmark pledges to clean up banking sector and consider guarantees for foreign lenders, Eurozone finance ministers have cancelled a crisis meeting planned for Sunday because they need more time – as much as two more months – to nail down the details of a second bailout for Greece, officials said Friday. They will, however ...
Source: Guardian Unlimited
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UK banks dragged into eurozone crisis as global markets take fright
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Executive decisions
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EFSF established as Malta reduces its exposure to Greek bailout
Malta yesterday drastically reduced its exposure to the Greek bailout by approving the setting up of the European Financial Stability Facility ( EFSF ) mechanism, which replaces the emergency bilateral...
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Greece seeking new bailout deal
Greece's finance minister says the country wants the EU to conclude a second rescue loan deal by August.
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Difficult talks on banks' role in second Greek rescue may spoil eurozone summer
BRUSSELS - The eurozone's hope that it could enjoy a summer lull in its crisis has vanished as quickly as it appeared. Last week, it seemed all sides would get a time out. Greece had avoided a default...
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Finland demands guarantees, bank participation in new bailouts
Jul (Reuters) - HELSINKI, July 5 (Reuters) - Finland's new finance minister said on Tuesday the Nordic country will demand guarantees against participation in any new euro area bailouts and wants private...
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Frank: New bank bailout grants will be protected
WASHINGTON – Rep. Barney Frank asserted Thursday that the Obama administration can be more trusted than the Bush administration to ensure that banks do not misuse money they get from a $700 billion...