The IMF approved a 26 billion euro bailout package for Portugal on May 20.
FORBES: In A Bizarro World, Should Poor Nations Bail Out Rich Ones?
This bailout package could be the biggest government rescue of private industry in U.S. history.
If passed, the bailout package could be the biggest government rescue of private industry in U.S. history.
Rejecting it would bar Ireland from emergency EU funding when its current bailout package expires in 2013.
Wall Street bought the rumor of the U.S. financial bailout package on Friday, then sold the news.
Even if the 5.8bn euros are raised and the bailout package secured, the outlook for Cyprus is bleak.
Equities still slipped as Wall Street pondered if the House will vote down the incentive-stuffed, revised bailout package.
He calculated that a majority of Greek people would not risk voting against the bailout package agreed last week.
Sohn says that's how legislators managed to pass the pro-IP bill when they couldn't agree on a bailout package.
The vote now paves the way for another international bailout package that will prevent a hard default on March 20.
For a country that just barely nailed down a bailout package worth about as much, this is not an easy task.
FORBES: What does an Israel-Turkey Awakening Mean for Mediterranean Gas?
Fears continued over whether Greece can secure the 130 billion euro bailout package it needs to stave off default next month.
FORBES: Falling Jobless Claims & More Positive Data Prompt Futures Rally
However, investors seemed cheered that BNP would be participating in the second round of the government bailout package for the sector.
Reid did not commit to holding a vote on the bailout package.
The bailout package announcement Sunday offset the optimistic sales reports that were flowing in from retail stores over the U.S. holiday weekend.
Spain has yet to formally ask for a fresh bailout package from the EU, to the consternation of many Euro currency bulls.
But that is what the Greek government, as a partial owner, is about to do as part of the EU-IMF bailout package.
FORBES: How A Chinese Economic Policy Could Save Club Med Countries
The European Central Bank denied reports that it is in talks with the International Monetary Fund on a fresh bailout package for Greece.
FORBES: Gold Near Steady as Bulls Still Glowing in QE3 Aftermath
As masked demonstrators battled police outside the Greek Parliament, lawmakers approved harsh austerity measures early Monday to secure a second international bailout package.
FORBES: Amid Rioting In Athens, Greek Parliament Grudgingly Approves Painful Cuts
Anyway, that is the logic of how eurozone finance ministers forced a bailout package on Cyprus that neither its politicians or people can or have accepted.
To secure a rescue loan package, Nicosia had to find ways to raise 5.8 billion euros so it could qualify for the 10 billion euro bailout package.
If the Senate's last minute inclusion of renewable energy tax credits in the bailout package survives the legislative process, the turnaround could come much sooner than that.
The latest news headlines coming out of the European Union sovereign debt crisis included rumors that the International Monetary Fund may provide a bailout package for Spain.
So far the second bailout package - given the most optimistic interpretation - will reduce the debt to GDP ratio from around 160% to only 144% by 2020.
The spread of a debt crisis across the euro zone was an important factor in the bailout package for Ireland, according to officials in both France and Germany.
What are the questions that we should be thinking about in the weeks ahead in sort of evaluating this bailout package and what impact it's going to have?
However, Greek politicians will continue to meet to try to hash out terms of a second bailout package that will maintain their position in the euro zone.
FORBES: Earnings And Greece Feed Anxiety As Stocks Open Lower
Germany on Friday approved a fresh bailout package for Greece.
应用推荐