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 ?
Rick Perrys bailout directive to FERC, which is supposed to be an independent agency, is outrageous enough, but the fact that commissioners are actually considering even an interim bailout with no evidence that calls for it is appalling.
The head of the Greek central bank has called for a quick conclusion to the bailout review that would assess how the nation has been abiding by its bailout requirements, according to Reuters.
I remain confident that we will find an agreement today on the payment of the latest tranche of Greece's bailout," SchEnuble said as he arrived for talks in Luxembourg to discuss the delayed Greek bailout with his eurozone counterparts.
This was calculated under European System of Accounts guidelines, which differs from that used by Greece's International Monetary Fund-European Union creditors in bailout deliberations.
It further said that government also approved a bailout package amounting to Rs 18.
com/wikileaks-release-imf-officials-discuss-bailing-greek-bailout-2347329) suggested that the IMF may threaten to pull out of the country's bailout as a tactic to force EU lenders to offer more debt relief.
A bailout is, essentially, a transfer of money or other resources from the government to a private agent (or sometimes to another government).
In a televised address to the nation, Mr Tsipras defended his government's negotiating tactics and said Greece got the best deal possible for its three-year, 86 billion euro bailout from other eurozone countries.
Athens repaid the debt using money from the first instalment of its new bailout after the programme cleared its final hurdle on Wednesday night, with the ESM European bailout fund approving the 86 billion euro ($96 billion) deal.
Greece will likely be leaving the Eurozone unless some of its debts are forgiven, regardless of any new bailout.
TEHRAN (FNA)- Last week's uncertainty over the Greek bailout crisis took its toll on US citizens' confidence in their own economy, with more than half of those surveyed in a recent Gallup poll pessimistic about its future performance.
GERMAN policy-makers have given overwhelming approval to opening detailed negotiations with Greece on a new bailout.