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Failed bailout News

World Wide Stock Markets Are Falling

The Toronto Stock Market took a huge hit on Monday after the United States bailed on their proposed bailout. Stock Markets world-wide are feeling the pain.

In the Media by KJ Mullins - 5 comments

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Failed bailout

Failed bailout Headlines

Eurozone meeting on Greek bailout cancelled

A meeting of the finance chiefs of the 17 euro countries to discuss Greece's second multibillion bailout planned for Wednesday was called off after Athens failed to deliver on several demands made by its partners in the currency union.

Greek parties fail to agree cuts

Greece's PM says more talks are needed on fresh austerity proposals for a new bailout package, as euro finance ministers prepare to meet.

Greek cabinet approves new cuts

Greece's cabinet approves a draft bill committing to austerity reforms required to get new bailout funds, amid warnings of "chaos" if parliament fails to ratify.

VIDEO: Greece struggling to form government

The leader of Greece's far-left is to try to form a government after parties backing an international bailout deal failed to assemble a coalition.

Greek far-left ends coalition bid

Greece's far-left leader abandons efforts to form a government based on rejecting the EU bailout deal, after talks with mainstream parties fail.