About: bank recapitalisation

Economy & Jobs 26-06-2017

Italy coughs up €17bn to deal with two troubled banks

Italy will pay up to €17 billion to break up two insolvent Venetian banks, which have posed a threat to the country's banking system, the government announced Sunday (25 June).
Euro & Finance 27-07-2016

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.
Euro & Finance 07-07-2016

ECB threatens legal action against Slovenia after police raid

The European Central Bank threatened to take legal action against Slovenia yesterday (6 July) after police seized documents from the country's central bank in a rare conflict between authorities and one of the eurozone's most respected institutions.

Katainen: Juncker Plan to spur lending to Greek SMEs

EXCLUSIVE / The European Fund for Strategic Investments (EFSI) will support recapitalised Greek banks to implement EU investment plans for small and medium-sized enterprises, European Commission Vice-President Jyrki Katainen told EURACTIV Greece.
Euro & Finance 18-01-2016

Lisbon allegedly blows €1 billion in bad liquidation deal

The Portuguese government could have saved up to a billion euros in a deal that saw one of its major banks liquidated, if it had taken care of senior bondholders, as proposed by Brussels. 
Euro & Finance 28-10-2015

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.
Euro & Finance 27-10-2015

Spanish banks may have to repay billions in ‘abusive’ fixed-rate mortgages

The European Commission welcomed the end of the bailout programme for Spanish banks, but now may be putting the country’s financial stability at risk, as it seeks further action against 'abusive' mortgage clauses, it was reported on Tuesday (27 October).
Euro & Finance 21-06-2013

Ministers put straitjacket on bailout fund

Eurozone finance ministers agreed on Thursday (20 June) how its European Stability Mechanism (ESM) can invest in troubled banks, but imposed so many conditions that they may not completely succeed in their goal of separating problem banks from their indebted home countries.
Euro & Finance 19-11-2012

Cyprus, Troika agree bank recapitalisation

The Troika representing the international lenders has concluded talks with the central bank of Cyprus on the recapitalisation of the island's banks and on reforms in the wider monetary sector, the central bank said yesterday (18 November).
File d'attente.
Economy & Jobs 07-09-2012

Spaniards prepare for exit, learn German

More and more Spaniards are enrolling in German language courses, seen as a way for them – and their money – to get out of their country's failing economy. 
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Economy & Jobs 11-06-2012

Spain joins ‘the Group of Debt’

It is not a bailout, but a nearly condition-free loan. This is the message sent by the Spanish government after euro zone finance ministers agreed on Saturday to lend Madrid up to 100 billion euros for recapitalising its banks. Following weeks of denying the need for financial assistance, Spanish PM Mariano Rajoy gave in to international pressure. He requested a rescue package that he portrayed as a triumph, but which caused outrage among Spanish citizens.
Euro & Finance 08-06-2012

Downgraded Spain seeks ‘at least’ 40bn bank bailout

Without waiting for a widely expected EU rescue, credit ratings agency Fitch cut Spain's sovereign rating to BBB from A with a negative outlook, saying Madrid was especially vulnerable to a worsening of the euro zone debt crisis.
Euro & Finance 03-04-2012

Swiss-German spat risks derailing tax evasion deal

The German government's deal to stem tax evasion via Swiss bank accounts risks being defeated in the opposition-controlled upper house of parliament after Switzerland issued arrest warrants for three German tax inspectors.
Central Europe 17-01-2012

EBRD warns of capital outflow from Eastern Europe

There is growing consensus among financial regulators and institutions about the need to for a new Vienna Initiative to curb the outflow of capital from emerging Europe, a senior banking official said today (17 January).
Euro & Finance 27-10-2011

Eurozone hopes rest on summit ‘bazooka’

European leaders achieved a breakthrough early today (27 October) to write off half of Greece's debt and seek foreign capital to double the eurozone's bailout fund to around €1 trillion. But crucial details on the fund's size were left for finance ministers to decide end of November.
Euro & Finance 26-10-2011

EU summit raises fears of ‘two-speed’ Europe

As the 27 EU heads of state and government agreed in principle on a scheme to reacapitalise Europe’s banks, a series of meetings between non-eurozone countries underscored the concern that plans afoot for the autumn to create new institutions to tackle the debt crisis could split countries in two camps. EU SUMMIT LIVE!
Euro & Finance 21-10-2011

Three Ways to Save the Eurozone

The challenge for Europe is to decide what to tell markets, to give them a good reason to regain trust in the eurozone’s credibility, Jean Pisani-Ferry spells out three ways to do so.
Euro & Finance 07-10-2011

Barroso urges ‘coordinated’ bank recapitalisation

Seeking to avert a spillover effect from the Dexia crisis, European Commission President José Manuel Barroso repeated the need to inject funds into the euro zone's troubled banks in several media appearances yesterday (6 October).