bailout

Say it like it is

The British need a new simile. From December, we will no longer be able to describe a task that we expect to be never-ending as “like painting the Forth Bridge”. I suggest we use something with "Greeks".

Vergleich

Smiles all round: Sarkozi, Lagarde and Merkel. Photo: EC

Baby steps

EU leaders, together with the IMF, have agreed to support a new €109 billion Greek bailout, which will include a voluntary contribution of €37 billion from the private sector. The new deal, which will also be applied to Ireland and Portugal, has had a mixed reaction from the media.

Milliarde(n)

Rettungspaket

freiwilliger Beitrag

angewandt werden auf

Quiz: "bailout" or "bail"?

"Dominique Strauss-Kahn, the head of the IMF, was refused ___ in New York this week."

One, two, three...

I was reminded of one of my favourite childhood nursery rhymes last week when Portugal announced that it would ask the EU for help of around €80 billion to finance its debts. In doing so, it followed the examples of Greece and Ireland.

Kinderreim, -lied

Milliarde(n)

Schulden

Euro crisis? Well, maybe.

If you are a regular reader of this blog, you'll know that I have often taken issue with those who think that there is — or soon will be — a euro crisis. Well, the events of the past ten days have made me change my mind.

kritisieren

A few coins won't help save the currency

Bailout fever

Portugal denies it needs a bailout to help it out of debt, yet, as The Wall Street Journal writes, Europe’s big countries will decide whether or not it needs help — in order to save the currency as a whole. But is “bailout fever” really working? The media are sceptical.

finanzielle Rettung

Schulden

Währung

Julian Assange, co-founder of WikiLeaks, could be released on ___.

Bail or bailout?

Playing snap

Snap out of it Brian Cowen, and snap to it. It’s time to call a snap election. Cowen, the Irish prime minister, has promised to call a general election in the New Year. But many people are calling for a “snap election”.

Quiz: "trumpet" or "flute"?

"Mike is one of the best web designers in town, but he'd never blow his own _____."

Quiz: "bailiff" or "bailout"?

"Many still fear the Greek ___ will not be enough to stop instability within the eurozone."

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bailout

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