Bailouts

01 July 2022

A financial support (also known as a capital injection) to a company or a country facing a potential bankruptcy threat in respect to saving it from collapse.

On 2 May 2010, the EC, ECB and IMF launched a €110 billion bailout loan to rescue Greece from sovereign default and cover its financial needs through June 2013, conditional on the implementation of austerity measures, structural reforms and privatization of government assets. The bailout loans were mainly used to pay for the maturing bonds, but also to finance the continued yearly budget deficits. Since 2010, Greece has undergone three bailouts worth a staggering total of nearly €310 billion.

Copy link
Previous word Annuity Next word Austerity

Thanks for your enrollment!

Our monthly investment review is waiting for you at pochta@mail.com

Don't miss investment news

Please enter your email to receive our monthly investment reviews.

    Name

    Email


    This website uses cookies. By using this website, you agree to their use.

    I understand More Information