Tag: bailout

NatWest branch1
March 25, 2024 BY Simon Mugo

The UK Government Is No Longer the Leading NatWest Shareholder

For years, the fate of NatWest has been closely intertwined with governmental strategies aimed at stabilising the UK's financial system during tumultuous times. The recent announcement by the finance ministry highlights a deliberate and ongoing effort to transition the bank back into full private ownership. This process has been meticulously managed by gradually selling the…

Read more
February 20, 2015 BY Maria Nikolova

Greece gets four-month rescue extension, euro seems to like it

A press conference following Eurogroup talks has just concluded, with what was initially dubbed as meager speculation now officially confirmed – an accord has been reached among eurozone finance ministers to extend the rescue programme for indebted Greece. Christine Lagarde, managing director of the International Monetary Fund, commented on the terms of the agreement, shedding light on…

Read more