Friday, March 29, 2024

Tag Archives: bailout

G20 inches toward $2 trillion rescue fund

G20 Mexico 2012

MEXICO CITY (Reuters) – Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world’s leading economies to secure nearly $2 trillion in firepower to prevent further fallout from the euro-zone’s sovereign debt crisis. Finance leaders from the Group of 20, meeting in Mexico City this weekend, are trying to build up …

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Swire and Sun Hung Kai tap market for close to $1 billion

origami

Swire Pacific, Sun Hung Kai Properties and DBS rush to issue as Greek rescue package buoys credit markets. It was another hectic day in Asia’s debt markets yesterday as the news of a second rescue package for Greece helped boost credit markets. While Greece is far from being out of the woods — and bondholders have agreed to take a …

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