organisation > Institute of International Finance
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Financial services made up large portion of island's economy, and critics worry new measures will destroy trust.
Features
Last Modified: 29 Mar 2013 08:35 GMT
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Relations between Tokyo and Beijing remain tense over Japanese-controlled islands, as Chinese ships re-enter waters.
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Minister announces full nationalisation of Bankia, country's fourth-largest lender, amid rising loan-default rates.
Europe
Last Modified: 24 May 2012 13:54 GMT
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Restructuring plan aimed at reducing national debt by $140bn will see private investors take huge losses on their loans.
Europe
Last Modified: 09 Mar 2012 20:51 GMT
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Greek official says biggest sovereign debt restructuring in history is "going well", opening way for $171bn bailout.
Europe
Last Modified: 09 Mar 2012 00:33 GMT
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Bondholders have just hours to accept 50 per cent cut in value of holdings to save debt-stricken country from default.
Europe
Last Modified: 08 Mar 2012 15:28 GMT
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Finance minister heads to Brussels for talks, with Greek leaders still split over cuts package after "hard day's night".
Europe
Last Modified: 09 Feb 2012 11:03 GMT
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PM in negotiation with coalition leaders over unpopular measures to get new bailout package to avoid bankruptcy.
Europe
Last Modified: 08 Feb 2012 19:20 GMT
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PM to resume talks with private creditors as the country awaits second tranche of IMF loan to avoid bankruptcy.
Europe
Last Modified: 27 Jan 2012 11:33 GMT
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Chief negotiator for private creditors leaves Athens without a deal, but says talks on bond swap agreement are ongoing.
Europe
Last Modified: 23 Jan 2012 16:05 GMT
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