Economics and Policy Cyprus is making good progress in meeting the conditions of its multibillion-euro bailout, but the high level of uncertainty over its economic outlook means that authorities must…
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Bailout
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Economics and Policy Cyprus has turned to Russia for emergency help to avert a financial meltdown. More from The National Fitch has affirmed Saudi Arabia's AA-minus rating but said…
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With $42 billion tied up in loans to the private sector, accounting for 28 percent of commercial banks’ balance sheet, the dismal performance of the economy has banks reassessing their…
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Earlier this year when Abu Dhabi capitalized five of its own banks, panic spread throughout the Dubai banking sector. Waiting with baited breath, bankers in the ailing emirate anticipated action…
