Bailout Blog Posts

Cyprus is one of the less known countries where the super rich flock stores their countless riches, which they pathologically hoard in their psychotic attempt to land their face on the cover of Forbes magazine.

Hans Brock writes from Berlin about Germany and explores the argument that Germany is in for a rough ride over the crisis in Cyprus. And it makes the Germans angry as they insist that the Cypriots and the Greeks have only themselves to blame. Thi...

Hans Brock writes from Berlin about Germany and explores the argument that Germany is in for a rough ride over the crisis in Cyprus. And it makes the Germans angry as they insist that [...]...

The U.S dollar is shrinking as a percentage of the world's currency supply, raising concerns that the greenback is about to see its long run as the world's premier denomination come to an end. When compared to its peers, the dollar has drifted to...

Anton Goryunov reports from Brussels: Big, big celebrations in this capital of this failed state, with no proper government in place for years, which houses the headquarters of the federal Europe project. You want to read this post about the bailout...

Oil dropped as euro-area finance ministers meet to negotiate a bailout payment for Greece and as American leaders prepared to wrestle with a budget agreement. Futures fell as much as 1.1 percent as officials gathered in Brussels to discuss Greek...

Adam Lovejoy writes from London: You might have missed the big news last week concerning the British economy.     In case you did, here it is: at its monthly meeting the Bank of England’s Monetary Commission has decided to halt the so-cal...

Adam Lovejoy writes from London: You might have missed the big news last week concerning the British economy.     In case you did, here it is: at its monthly meeting the Bank of England’s Monetary Commission has decided to halt the so-cal...

A Democrat who lies? Shocking...

New York, September 11 (FinanceEnquiry.com) – Opposing apprehension that bailout plan of Europe will stumble and hinder the recovery, investors awaited to make out if the US will add motivation to its economy making oil to trade next to the maximum...

As speculation continues to surround the possibility of Spain requesting a full bailout from Europe, the struggling country has given no indication that any decision has been taken. In an interview on Sunday Spain’s finance minister, Luis de Gu...

Spain’s minister for the economy, Luis de Guindos, travels to Berlin today for talks with German finance minister Wolfgang Schaeuble, at a time when Spain’s borrowing costs are spiralling out of control and the prospect of a full sover...

ISLAMABAD: The cabinet’s Economic Coordination Committee (ECC) approved a bailout package worth around Rs8 billion for Pakistan Steel Mills, Express News reported on Tuesday. A profitable entity until 2011, the accumulative losses of the state-r...

Guest post by Jenny. A decade ago, it would have been surprising to know that in 2012 Spain would be one of the countries desperately in need of a bailout from the Eurozone. With a ratio of debt to GDP only slightly more than half that of Germany’s...

Guest post by Amy Harris Mayhem in the Med The Spanish financial crisis can be traced back to 2007, but there is no doubt it has worsened in recent months. The usual financially sound country was forced to ask for a bailout from its European neighbou...

Spain will be forced to comply with 32 conditions laid down by the EU if it wants to get its hands on the 100,000-million-euro bank bailout. IVA will have to go up and tax relief on first homes will be scrapped as part of the list. The ministry of th...

Once again there isn’t much in the news about Spain other than the bailout so here is a quick overview of what has happened this week. Hundreds of miners marched in Madrid to protest over a government decision to cut subsidies to the mining se...

New York, July 5 (FinanceEnquiry.com) – The nine major US banks have discounted the need for any government sponsored bailouts to save them in case they go bankrupt amidst increased fears of them sitting on the brink of the precipice. The response...

New York, July 5 (FinanceEnquiry.com) – After a big gap of about two years, Ireland steps back in the debt market on the hopes that investors will trade back as the European Union agreed to fund the ailing euro zone nations. The EU’s deci...

This chart, better than any we have seen so far, summarizes just how much has been injected already to preserve the Eurozone from collapse. This is what is known as a sunk cost, because last time we checked (and just as we explained back in March at...