Bailout

France and EU close to reach deal on Air France bailout conditions – report

The French government and the European Union's executive are close to an agreement on the terms of a bailout for Air France, which like other carriers has been hammered by…

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EU approves KLM’s bailout by Dutch government

The European Commission said it had approved the 3.4 billion euros ($3.85 billion) bailout package promised by the Dutch government to airline KLM last month. After months of wrangling with…

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German government and Lufthansa agree on 9 billion euro bailout preliminary deal

The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout. The airline has…

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Greek economy shows signs of recovery

Greece's creditors are returning to Athens on for a fourth post-bailout evaluation to review whether Prime Minister Kyriakos Mitsotakis' planned tax cuts will affect Greece's economic results. A key factor…

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Pakistan and IMF reach six million US dollars bailout agreement

Pakistan and the IMF have reached a new agreement securing a six billion US dollars bailout for the cash strapped country, following months of painstaking negotiations between the two sides.…

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