Posts Tagged ‘bailout’

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Chrysler CEO Apologizes For Bailout Remark

Chrysler CEO Apologizes For Bailout Remark
CEO Marchionne apologized?for the way he described the?interest rates?U.S. and Canadian governments are charging on?bailouts his company received.

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Chrysler CEO apologizes for description of bailout

Chrysler CEO apologizes for description of bailout
Associated Press – February 5, 2011 6:04 PM ET SAN FRANCISCO (AP) – Chrysler’s CEO is apologizing on his company’s website for the way he described the interest rates the U.S.

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Irish lawmakers approve EU-IMF bailout loans

Irish lawmakers approve EU-IMF bailout loans
Despite bluster from opposition parties, Irish lawmakers voted Wednesday to back the euro67.5 billion ($90 billion) international rescue for Ireland, an emergency measure designed to keep Europe’s debt crisis from…

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EU formally adopts Irish bailout plan

EU formally adopts Irish bailout plan
EU finance ministers formally adopted Ireland’s 85 billion euros bailout plan on Tuesday.

Read more on Brisbane Times

Europe’s Bailout Fund May Sell First Bonds in January

Europe’s Bailout Fund May Sell First Bonds in January
The European Financial Stability Facility may issue between 5 billion euros and 8 billion euros of bonds, the fund’s chief executive officer said in Singapore.

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Ireland discloses bailout deal details

Ireland discloses bailout deal details
Ireland must consult the IMF and European authorities over any major change to its economic policy, according to documents disclosed Wednesday outlining details of the country’s international bailout.

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Ireland’s Cowen rejects call from critics for vote on international bailout

Ireland’s Cowen rejects call from critics for vote on international bailout
DUBLIN – Ireland’s prime minister on Tuesday rejected calls to put the country’s international bailout to a vote in parliament, despite criticism

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Portugal still a concern after Irish bailout

Portugal still a concern after Irish bailout
Portugal still a concern after Irish bailout combined news services Updated Nov 29, 2010 06:50PM MDT Lisbon, Portugal • Portugal’s high debt burden remained a concern for the eurozone and financial markets on Monday, a day after European Union countries endorsed a plan to help Ireland with its ailing finances. Officials in the 16 nations using the euro currency had hoped Sunday’s agreement to …

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EU agrees on $89 billion bailout loan for Ireland

EU agrees on $89 billion bailout loan for Ireland
European Union nations agreed to give €67.5 billion ($89.4 billion) in bailout loans to Ireland on Sunday to help it weather the cost of its massive banking crisis, and sketched out new rules for future emergencies in an…

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Irish PM’s plea to voters after he is forced to pay high price for bail-out

Irish PM’s plea to voters after he is forced to pay high price for bail-out
IRISH leader Brian Cowen made a desperate appeal for his country to get behind an €85 billion (£72.5bn) bail-out of the economy, after he was forced to accept a 5.8 pe

Read more on The Scotsman