Conservative party leader Kyriakos Mitsotakis was sworn in as Greece’s new prime minister Monday, a day after his resounding win over left-wing Alexis Tsipras, who led the country through the tumultuous final years of its international bailouts.
Read moreGreece’s bailout creditors say the country has fallen behind on several key reforms that have been set as a condition for debt relief worth nearly $1.1 billion.
Read moreGreece has launched a five-year bond auction, the first time the country has tapped international capital markets for financing since it emerged from its bailout programs in August.
Read moreGreece’s government has removed hundreds of archaeological museums, ancient sites and castles inadvertently put on a provisional list of properties up for private development under the country’s bailout terms.
Read moreGreece’s eight-year bailout ordeal will forever be bookended by two of the country’s iconic islands.
Read moreIn a ruling Thursday, the Seventh Circuit upheld the Federal Housing Finance Agency’s authority to divert Fannie Mae and Freddie Mac’s future profits to the U.S. Treasury Department as a condition of their $188 billion bailout during the 2008 financial crisis.
Read moreGreece has beaten its budget targets for a third year and trimmed its massive debt burden, according to data released Monday. But the economy has not yet grown back to its level of 2014, before its last recession.
Read moreThe Greek government has eased capital controls put in place during the summer of 2015 when the country’s future in the euro currency was in the balance.
Read moreBritish prosecutors have brought another charge against Barclays over its 2008 deal to give Qatar a loan that was then used to invest in the bank and save it from a government bailout.
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A federal judge in Delaware dismissed a shareholder action challenging the Federal Housing Finance Agency’s authority to divert Fannie Mae and Freddie Mac’s future profits to the U.S. Treasury as a condition of the mortgage giants’ $188 billion bailout during the 2008 financial crisis.
Read moreThe Seventh Circuit heard arguments Monday on whether the Federal Housing Finance Agency had the authority to divert mortgage giants’ future profits to the U.S. Treasury as a condition of their $188 billion bailout during the 2008 financial crisis.
Read moreA member of the European Central Bank’s rate-setting committee has criticized the bank’s decision to leave its bond-buying stimulus program running without a clear end date.
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Advocates of renewable energy teamed up with proponents of natural gas to challenge a plan that would prop up aging nuclear and coal-powered electric producers.
Read moreA New York appeals court refused Wednesday to let former New York Attorney General Eliot Spitzer off the hook on claims he defamed the erstwhile top dog at AIG.
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Fitch Ratings has upgraded Greece’s credit rating from CCC to B-, a one-notch improvement that still leaves the bonds issued by the crisis-battered country well below investment grade.
Read moreBritish regulators charged Barclays bank and four former executives, including then-CEO John Varley, with conspiracy to commit fraud when they asked Qatar for 6.1 billion ($7.7 billion) to avoid a government bailout at the height of the financial crisis in 2008.
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Greek seamen and journalists walked off the job Tuesday, a day before a nationwide general strike to protest new austerity measures the government is legislating for in return for more bailout funds.
Read moreIn the wake of a $188 billion government bailout of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency had the authority to divert the mortgage giants’ future profits to the U.S. Treasury, a divided D.C. Circuit ruled Tuesday.
Read moreThousands of Greek farmers are marching in central Athens to protest tax increases imposed as part of efforts to meet conditions of the country’s international bailout.
Read moreThe European Central Bank has no obligation to make good on losses suffered by commercial banks following debt restructuring efforts in the wake of Greece’s financial collapse, the European General Court ruled Tuesday.
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