Spain insists banks and not taxpayers will repay bailout
- ï¿½100bn for the Spanish - but they insist it's not a bail-out. Ben Haugh // Mail on Sunday;6/10/2012, p2
SPAIN will be handed a ï¿½100bn lifeline to recapitalise its struggling banks - but the country insisted last night that it was not a bail-out.
- Bank Aid To Swell Spain Debt. Investor's Business Daily // Investors Business Daily;10/22/2012, pA01
7 German Chancellor Angela Merkel insisted Madrid will be on the hook for repayment of the bank bailout, seen at about 60 bil euros, shooting down hopes Spain could shift the liability to the eurozone's bailout fund. Earlier, leaders at the European Union summit agreed to establish the European...
- A capital idea. Creighton, Adam // Charter;Aug2012, Vol. 84 Issue 7, p24
The article focuses on the increased requirement of capital by banks of Australia so that their dependency on taxpayers to bail them out in times of crisis is reduced. The author stated that taxpayers in Europe are realising that they are forced to subsidise bad decisions by other people as...
- Tsk-Tsk. // Investment Dealers' Digest;3/2/2009, Vol. 75 Issue 9, p2
The author reflects on the move of U.S. Senator John Kerry in ripping Northern Trust Corp. for its sponsorship of a golf event that raised millions of dollars for charity. He views on the demand for the bank to repay taxpayer bailout money spent on the event. The author also notes on the...
- We could save â‚¬400m a year if we rearranged our IMF loans, FF says. Ferghal Blaney // Daily Mail;8/13/2014, p2
MICHAEL Noonan could save the taxpayer â‚¬400million a year in interest repayments on IMF bailout loans if he restructured the debts, Fianna FÃ¡il has claimed.
- Noonan edges closer to deal that will save â‚¬400m a year. Ferghal Blaney // Daily Mail;9/10/2014, p10
MICHAEL Noonan yesterday appeared to move a step closer to achieving a new bailout repayments deal that would save the taxpayer in the region of â‚¬400million a year.
- HOW MONEY CAN BE SAVED. // Daily Mail;9/ 9/2014, p15
THE taxpayer could be spared up to â‚¬400million a year in interest repayments on IMF bailout loans if Michael Noonan succeeds in his negotiations to restructure our bailout debts.
- The Big Payback From AIG. Hemenway, Chad // National Underwriter / P&C;12/20/2010, Vol. 114 Issue 44, p20
The article reports on the agreement filed by the American International Group Inc. (AIG) to repay taxpayers the money owed from a government bailout in the U.S. in 2010. According to AIG, the sale of its American Life Insurance Co. subsidiary will repay 20 billion dollars in interest and...
- Will banks offshore more post-election? Flinders, Karl // Computer Weekly;5/12/2009, p8
The article discusses whether banks in Great Britain will offshore information technology (IT) operations after elections to cut costs. The part-nationalised banks could be more at ease offshoring IT jobs to meet their tough cost saving targets if the government changes after the next general...