Banking Put

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...

Greece's finance minister says the country wants the EU to conclude a second rescue loan deal by August.

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...

Eurozone finance ministers have approved EUR 12 billion for Greece after the debt-ridden country passed further austerity measures despite public protests.

BRUSSELS -- European finance ministers staved off an imminent Greek default Saturday, agreeing to release a vital installment of financial aid to Athens, while delaying a deal on a second large rescue...

• 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...

Greek finance minister: negotiations on new bailout must end by late summer.

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...