About: bail-in
EU readies contingency plan for possible Monte Paschi wind down
European Union authorities are making contingency plans for the possible winding down of Banca Monte dei Paschi if the Italian lender has a poor reading in stress tests this week and no private or public support is available, an EU official said.
Italy and Spain test EU’s ‘intelligent’ use of economic rules
The European Commission is expected to fine Spain on Wednesday (26 July), but it will give two extra years to Madrid to adjust its budget - while the commissioners pledge a solution for Italian banks that will protect small investors.
The Cypriot economy: Turning the page
At the time of the 2012-2013 financial crisis, few could have predicted that three years later, Cyprus would be out of the woods, writes Nikos Chistodoulides in an exclusive op-ed for Euractiv.com
Commission leaves door open for Greek bail-in
European Commission Vice-President Valdis Dombrovskis warned Athens on Tuesday (27 October) of a possible haircut in Greek deposits in the event that the first bailout review was not completed this year. EURACTIV Greece reports.
Eurozone leaders snub Cyprus’ request for new bailout terms
Eurozone officials have no intention of changing the terms of a bailout for Cyprus, rejecting calls by Cypriot President Nicos Anastasiades who had asked for adjustments to be made to the rescue plan. VideoPromoted content