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News Articles for "Rescue Loan"

  • Cyprus may presell gas reserves to ease crisis

    Cyprus may presell gas reserves to ease crisis

    Cyprus may presell the country's offshore natural gas reserves to raise cash quickly and pull it out of its deep financial crisis, the country's finance m...

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  • Oil hits 5-week high on Cyprus financial bailout

    Oil hits 5-week high on Cyprus financial bailout

    The price of oil rose to a five-week high after Europe patched up the latest problem in its yearslong financial crisis. Benchmark crude for May delivery r...

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  • Trouble from Cyprus deal could linger for eurozone

    Trouble from Cyprus deal could linger for eurozone

    European leaders may have saved Cyprus from imminent financial collapse when they clinched a last-minute deal in the early hours of Monday morning. The wa...

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  • Egypt declines $750 million IMF rescue loan

    Egypt declines $750 million IMF rescue loan

    Egypt has rejected an offer of a $750 million rescue loan from the International Monetary Fund, the finance minister said Tuesday, ruling out a fallback o...

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