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China tops list of lenders to Kenya
In total, foreign countries advanced a total of over $7.4 billion to the government during the period under review.
The financial crisis ten years ago to the day
The 9th of August 2007 probably means little to most people, but for the financial world it is a day etched on the memory. Generally considered to
Greek bailout talks restart
Greek ministers have been meeting experts from the EU and IMF discussing the economic reforms Athens must make to keep bailout funds flowing.
Challenge and hope: analysing Egypt's loan from the IMF
Egypt is to get an International Monetary Fund bailout loan, but can it bring down public debt, control inflation and protect the country's poor?
Egypt gets massive IMF loan to help revive economy
Struggling to stay afloat, Egypt is getting a massive cash injection from the International Monetary Fund.
Spanish banks' non-performing loans down again
Spanish banks' problem loans fell in May - the 18th straight month that they have dropped.
Italy reaches deal with Brussels over bad bank loans
An accord between Italy and the European Commission to help banks sell some of their 200 billion euros of bad loans has eased fears of an Italian banking crisis.
Britain offloads Northern Rock loans in biggest European state asset sale
Britain has sold 13 billion pounds (18 billion euros) worth of loans once held by former mortgage lender Northern Rock, which was nationalised during
Eurozone finance ministers back third Greek bailout
The finance ministers from the 19 countries that use the single European currency have approved a third bailout for Greece. The informal body, known
Turkey supports Ukraine, but not at the expense of relations with Russia
Turkish President Recep Tayyip Erdogan has offered Ukraine a 46.2 million-euro loan to help cover the country’s budget deficit. During a visit to
Ukraine to start talks with creditors to plug $15bn funding gap
Seeking to plug a 15 billion dollar funding gap, Ukraine has said it will begin crucial talks with its creditors on how to restructure the conflict-torn country's debt on Friday.
Germany snubs Greece's EU loan offer
Germany on Thursday rejected Greece’s request for a six-month extension to an EU scheme of emergency loans. Berlin’s decision came shortly after the
Ukraine seals emergency EU loan amid bankruptcy threat
The Ukrainian government sealed an emergency loan of 1.8 billion euros from the European Union on Tuesday as the country looks to stave off the
Lloyds shares surmount PPI problems
Lloyds Banking Group’s better-than-expected quarterly results were received with enthusiasm on Thursday in London and its shares surged 8.28