bailout


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Related to bailout: austerity

bailout

[′bāl‚au̇t]
(aerospace engineering)
The exiting from a flying aircraft and descending by parachute in an emergency.
References in periodicals archive ?
Finance Minister Euclid Tsakalotos will meet his euro zone counterparts in Luxembourg on Monday evening to discuss a set of reforms that Athens needs to enact by mid-November to qualify for the next tranche of bailout funds.
Greek banks have been shut down since its last bailout program expired on June 30th and it failed to make its June repayment to the IMF.
Wednesday Germany renewed the EU pressure on Cyprus to accept a bailout, with FinMin Wolfgang Schaeuble threatening that Cypriot banks are likely to become insolvent should no emergency funds arrive.
It was the first time a presidential candidate in Cyprus has disclosed talks to secure a loan ahead of a bailout rescue - talks which have dragged on for eight months.
I have to make sure we are protecting services and I really don't see how it's a bailout.
The IMF has refused to release its portion of bailout funds until the buyback transactions are completed.
The argument in favor of a US bailout is fairly straight-forward.
While the remaining 1 billion euros of the first tranche of the bailout would be disbursed before the end of this month, the second tranche of loans would only be issued after the mission assesses whether the Greek authorities have implemented necessary measures, Juncker said.
His party beat the anti-bailout Syriza party, which wanted to cancel Greece's international bailouts.
SPAIN will get a huge bailout to save its banks from collapse under a deal hammered out by EU leaders.
7bn) from the region's bailout fund, despite opposition from some member states following the Greek election results.
There were great expectations that the meeting would not only pave the way for the second bailout of Greece, but for each of the G-20 members (including the United States and most of the other industrialized nations on the planet) to pony up additional taxpayer funds to the International Monetary Fund that would then be used, at the IMF's discretion, to bail out over-indebted countries such as Greece, Portugal, and Spain.