Finland Becomes Obstacle in Path of New Greek Bailout

Finland has thrown an obstacle in the path of Greece's new $158 billion international bailout, demanding that it get collateral from Athens to secure its investment in the deal. Barely a month ago, the 17 nations that use the common euro currency agr

voa标准英语2008-Auto Bailout Faces Senate Roadblock as More US J

Some Republicans in the U.S. Senate say they will block a plan to rescue the country's three major auto companies. Meanwhile, new claims for unemployment benefits reached their highest level in 26 years. Sen. Richard Shelby, center, accompanied by,

VOA标准英语2010年-Euro Hits Crisis Stage

Storm clouds have been brewing over Europe and not even the biggest and most prudent economies are exempt from their threat. Europe's decade-old currency, the euro, is in crisis with some eurozone members mired in massive debt and others having to pr

VOA标准英语2011--EU Bailout Chief: No Immediate Deal in China

EU Bailout Chief: No Immediate Deal in China The head of Europe's bailout fund says he expects China to continue buying European bonds. But he had no immediate deal to announce during his visit Friday to Beijing. Klaus Regling, the chief executive of

Greeks Rally Ahead of Bailout Vote

Thousands of Greeks have taken to the streets of Athens to protest severe austerity measures as eurozone ministers prepare to vote on a new $171 billion bailout for the debt-crippled nation. As the demonstrators marched, Greek Prime Minister Lucas Pa

Eurozone Gives Final OK for Greek Bailout

After months of negotiations with its European neighbors, Greece has secured final approval of a new $170 billion bailout, the country's second rescue package in two years. Luxembourg Prime Minister Jean-Claude Juncker said Wednesday the first instal

Spanish Bank Bailout Heightens Pressure on Madrid

Economic pressures are growing on Spain after the government took over the country's third largest bank with a $24-billion bailout to account for its toxic real estate loans. Prime Minister Mariano Rajoy said Monday that the debt-ridden government's

Eurozone Finance Ministers Launch Bailout Fund

Eurozone Finance Ministers Launch Bailout Fund PARIS Europe's new bailout fund is being unveiled as finance ministers from the 17-nation eurozone meet in Luxembourg, amid more gloomy indicators about Europe's economic health. Officially called the Eu

英闻天下——414 European Ministers Working on Cyprus Bailout

European finance ministers are trying to finalize a long-delayed bailout deal for Cyprus in a bid to keep the nation from a bankruptcy. An agreement on rescue loan package is expected to be reached at a regular meeting in Brussels with tough measures

Greek Anti-austerity Protests Turn Violent

Greek Anti-austerity Protests Turn Violent Anti-austerity protests turned violent in Athens on Thursday, with hundreds of youths hurling gasoline bombs and rocks at riot police. Tens of thousands of Greek workers struck and marched to protest demands

France and Germany Ask Greece to Respect Euro Bailout Plan

French and German leaders demanded that Greece stick to the conditions for a bailout fund and said a Greek referendum on them should take place by early December. Their call comes following a crisis meeting ahead of the Group of 20 summit in Cannes.

CCTV9英语新闻：Ireland to mark end of three-year bailout

Irelands government will mark the end of its three-year bailout Friday. The bailout, funded by the IMF, EU Commission, and European Central Bank will formally expire Sunday evening. It makes Ireland the first eurozone country to exit a stringent bail

Greece Could Get New Bailout Assistance

The Greek government is moving toward restructuring its debt and could soon win approval for another $85 billion or more in international financing. News agencies reported on Tuesday that a year after Athens arranged a $158 billion bailout, the debt-

Greece Readies Tough Austerity Package for Bailout

Greek Prime Minister George Papandreou is now pushing for approval of unpopular austerity measures that are aimed at securing emergency international bailout funds to keep the country from defaulting on its debt. Earlier Wednesday, Papandreou survive

EU Leaders Agree on Second Bailout for Greece

Stock markets rallied Friday after European Union leaders agreed on a new bailout for Greece, provided that Athens commits to more austerity measures. But the Greek deal fails to address fundamental problems threatening the future of the 17-member eu

Europe Moves Closer to Expanding Greek Bailout

Stock markets are rallying in expectation that European governments are finally committed to a comprehensive solution to their spreading debt crisis. Two of the most reluctant countries - Germany and Finland - are expected to vote this week for expan

Portugal Seeks European Bailout

Portugal has become the third European economy, after Greece and Ireland, to request a bailout from the European Commission. Now there are fears that Spain could be next. It was the moment the Portuguese(葡萄牙) people - and European investors - h

VOA标准英语2008年-White House Backs Bailout of Mortgage Giants

American and international financial markets are welcoming word that the U.S. government is taking over two troubled institutions that back roughly half the country's home mortgages. VOA's Paula Wolfson reports the Bush administration says it took t

Greece Warns of Euro Exit if 2nd Bailout Not Finalized

Debt-ridden Greece is warning that it could be forced to abandon the common euro currency if it does not secure a second international bailout to avoid defaulting on its loans. Greece won tentative European approval for the $169 billion bailout in Oc

EU confirms Portugal's intention to seek bailout

BRUSSELS, April 6 (Xinhua) -- The European Commission（委员会） confirmed on Wednesday Portugal's intention to request a bailout, pledging to deal with the request as soon as possible. The Portuguese Prime Minister, Jose Socrates, today informed