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                    [Title] => Greece enters new round of bailout talks amid union unrest
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Alexis Tsipras is set to receive the formal mandate later yesterday to form a government for the second time this year, after his left-wing Syriza party unexpectedly won a decisive victory in Greek early national elections.

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                    [Title] => Greek government seen calling confidence vote
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Greek Prime Minister Alexis Tsipras is likely to call a confidence vote in his government after the country's third bailout deal with international creditors sparked a rebellion within his party, one of his ministers indicated yesterday.

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Greek lawmakers have overwhelmingly approved a new batch of reforms demanded by the country's international creditors in return for a third multi-billion euro bailout.

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The US government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.

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BAILOUT

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abtest

Cathay Pacific unveils $5-B bailout plan

By Jerome Taylor | June 9, 2020 - 3:42pm

The Hong Kong government is shelling out taxpayers' money to rescue its prestigious airline badly hit by the lingering p...

Business

Greece enters new round of bailout talks amid union unrest

February 1, 2016 - 2:14pm

The Greek government launched a new round of negotiations with rescue creditors yesterday over the course of the country's latest bailout program, amid highway blockades and angry union reaction to proposed pension...

World

EU says Greece could return to growth in 2016

November 4, 2015 - 7:13am

Greece's economy could start growing again in the second half of 2016, but much work remains to be done on reforms required for bailout loans, the European Union's top economic and financial official said Wedne...

World

Tsipras readies new Greek government after big win

By Nicholas Paphitis | September 21, 2015 - 4:17pm

Alexis Tsipras is set to receive the formal mandate later yesterday to form a government for the second time this year, after his left-wing Syriza party unexpectedly won a decisive victory in Greek early national...

World

Greece sells to German firm rights to run 14 airports

August 18, 2015 - 6:29am

Greece has agreed to sell to a German company the rights to operate 14 regional airports. The deal is the first in a wave of privatizations the government had until recently opposed but needs to make to qualify for...

Business

Greek government seen calling confidence vote

By Elena Becatoros | August 17, 2015 - 1:00pm

Greek Prime Minister Alexis Tsipras is likely to call a confidence vote in his government after the country's third bailout deal with international creditors sparked a rebellion within his party, one of his ministers...

World

Greece clears final reform hurdle before new bailout talks

July 22, 2015 - 7:42pm

Greek lawmakers have overwhelmingly approved a new batch of reforms demanded by the country's international creditors in return...

World

Eurozone weighs future of Greek bailout

By David Mchugh | December 9, 2014 - 3:00am

Eurozone finance ministers and Greek officials haggled yesterday over whether Athens needs to take more austerity measures before it emerges from its expiring bailout deal.

World

Ireland faces more austerity as bank bailout era ends

December 16, 2013 - 12:00am

Ireland’s three-year bailout ordeal ends this weekend, a victory in its battle against bankruptcy.

Business

Gov’t sells remaining stake in GM

December 11, 2013 - 12:00am

The US government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.

Business