bailout

International

Democrats Say Dodd-Frank Repeal Is ‘wrong Choice’

Democrats are slamming a Republican bid to dismantle financial rules put in place after the 2008 crisis as the "wrong...

Business

Gov’t Not Ending IMF Programme Due To Borrowing Restrictions

Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary...

News

Gov’t Not Ending IMF Programme Due To Borrowing Restrictions – Ofori Atta

Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary...

Headlines

S.Korea Throws Shipbuilder Daewoo New $6 Bn Lifeline

South Korea offered troubled Daewoo Shipbuilding & Marine Co. a new $6 billion bailout on Thursday, as the giant firm's...

Top Stories

Exploding Letter ‘injures One’ At IMF Office In Paris

A letter has exploded and injured a person who opened it at the International Monetary Fund (IMF) office in Paris,...

International

Germany’s Deputy Finance Minister

Greece must not be granted a "bail in" that would involve creditors taking a loss on their loans, Germany's deputy...

Headlines

Australia Post Boss Resigns Amid Outcry Over Huge Salary

The man credited with saving Australia's government-owned postal service announced his resignation Thursday after a...

International

New Loans For Greece Depend On IMF Participation

Further financial assistance for Greece depends on the successful completion of a review of its bailout program and the...

International

Eurogroup’s Dijsselbloem Says Greek Debt Relief Talks Can Resume

Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief measures would be resumed...

International

Italy Approves A €20bn Bailout Plan For Its Banks

The Italian parliament has approved a government plan for a possible €20bn (£16.8bn) bailout of the country's banks....

International

Italy Seeks €20bn For Banks As Monte Dei Paschi Flounders

The Italian government will seek parliamentary approval to borrow up to €20bn (£17bn) to support its fragile banking...

Business

IMF Cash Delay To Push Inflation & Credit Up

The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation...

Business

30 Rural Banks Face Collapse Over Mismanagement

The Bank of Ghana (BoG) is using the ARB Apex Bank to resuscitate some 30 rural and community banks (RCBs) from...

Top Stories

Ghana’s Economy No Longer Bleeding – Mahama

President John Mahama has said the Ghanaian economy is now more predictable and no longer bleeding as it used to be in...

Business

Homegrown Solutions Better Than IMF Bailout – TUC To Gov’t

The outgoing General Secretary of the Trades Union Congress (TUC), Kofi Asamoah, has bemoaned government’s decision...

Business

IMF to Return in Ghana for Further Bailout Talks

The International Monetary Fund (IMF) says its country mission for Ghana will return next month for further...

Top Stories

IMF Bailout Will Consolidate Ghana’s Lower Middle-Income Status Says Ghana’s Minister of Finance, Seth Terkper

The Minister of Finance, Seth Terkper says the government’s main objective for opting for an International Monetary...