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Dublin: 3 °C Tuesday 28 January, 2020

#Rescue Package

# rescue-package - Sunday 9 June, 2013

Creditors to vote on rescue package for Sunday Business Post

An interim examiner was appointed to the newspaper in March.

# rescue-package - Wednesday 19 October, 2011

DEMONSTRATORS AND RIOT police have clashed in Athens today as protests against new austerity measures continue across Greece.

Police in full riot gear have responded to violent incidents with tear gas and stun grenades at the main square outside parliament buildings in the capital.

Today is the first day of a 48-hour general strike, which has seen Greece’s public and private sectors grind to a halt. Flights have been grounded, most public services – including schools – are shut and offices and shops have remained closed.

Rubbish collectors have also stopped working over recent days, allowing waste to pile up on the streets.

At least 100,000 people have marched through Atens, protesting against higher taxes, pension and salary cuts and other austerity measures which are being demanded by the EU and IMF in exchange for rescue loans to ensure the country does not default on its debts.

Most of today’s protests were peaceful but crowds outside parliament buildings clashed with police.

A presidential guard sentry post was set on fire and chunks of marble were torn off building fronts with hammers and crowbars. Bank signs and windows were also smashed by some hooded and masked protesters, while piles of rubbish were set on fire.

Some local vendors took advantage of the riots and sold swimming goggles so people could ward off tear gas.

-Additional reporting by AP

Read: ‘Massive’ strike to bring Greece to a standstill>

# rescue-package - Monday 18 July, 2011

Merkel throws down gauntlet to bondholders over Greek bailout

The German chancellor has warned private investors they must share the burden – putting her on a collision course with EU banking chiefs.

# rescue-package - Thursday 23 June, 2011

No pay cheque for Saab employees as the company runs out of money

The Swedish car company says it doesn’t have the cash to pay wages.

# rescue-package - Thursday 16 December, 2010

IMF approves €22.5bn assistance to Ireland IMF

IMF approves €22.5bn assistance to Ireland

The IMF had delayed the approval to allow for the Dáil vote.

# rescue-package - Saturday 11 December, 2010

IMF holds off on paying out Irish loan IMF

IMF holds off on paying out Irish loan

The IMF defers making its decision “in deference to Ireland’s parliamentary process”.

# rescue-package - Friday 26 November, 2010

EU/IMF push for bondholders to share Ireland's bailout burden

Europe and the IMF are keen for the private sector to bear some of the burden of the rescue effort.

# rescue-package - Friday 19 November, 2010

IMF to begin formal talks with Ireland IMF

IMF to begin formal talks with Ireland

IMF delegates filter into the country for rescue package talks – but the government insists it will not bow to pressure to reduce the corporation tax rate.