The success stories are not limited to Greece, however. Employment growth has been strong since 2012 in Germany, but stronger in those condemned as the periphery during the Eurozone crisis — Portugal, ...
Simply sign up to the Eurozone economy myFT Digest -- delivered directly to your inbox. When Greek government borrowing costs fell below French levels late last month, attention focused on the ...
Both are bailouts, though their details and consequences differ. Second, taxpayers will bear the cost of these bailouts in the long term. The Deposit Insurance Fund (DIF) of the FDIC will pay for ...
As eurozone finance ministers meet in Brussels for crucial talks on Greece, Reality Check looks at whether the bailouts the country has received have secured Greece's economic survival or just ...
Can rescue spending clean up the global economy? Coronavirus shutdowns around the world have pushed countries into crisis-mode, prompting a massive rescue spending in an effort to soften the blow ...
About ten years of business-as-usual, and one very expensive lesson. Bailouts don’t work. Never mind the moral hazard, the rent-seeking, the cronyism and the favoritism, and all of ...
FILE: Finance Minister Enoch Godongwana. Picture: @TreasuryRSA/Twitter CAPE TOWN - Finance Minister Enoch Godongwana says bailouts to state-owned enterprises (SOEs) will not be a hallmark of this ...