Sentence examples for financial backstop from from inspiring English sources

ATHENS (AP) — Markets drove up Greece's borrowing costs again on Tuesday, despite last week's promise of a financial backstop from other European countries, indicating the country's debt crisis was far from over.

Lehman might not be able to, despite the financial backstop from the Federal Reserve that continues until mid-January.

Europe's political leaders have taken important steps to improve spending discipline among euro members, provide a financial backstop for troubled euro zone countries and consolidate supervision of banks.

Such insurance serves as a financial backstop for the employer if, for example, an employee is found to have cancer, needs an organ transplant or has a premature baby requiring intensive care.

It is unclear how the council action might affect Garcetti's avowed willingness to offer a financial backstop for the games.

Mr. Osborne also identified financial backstops for banks as one of the most important features of the United States stress tests at the start of 2009.

For Germany, it could mean providing a financial backstop to prevent Spain from going bankrupt.

What's clear is that Wall Street in general, Goldman very much included, benefited hugely from the government's provision of a financial backstop — an assurance that it will rescue major financial players whenever things go wrong.

Remember this: Financial backstop is just another term for a taxpayer bailout.

But the precedent was set: The Fed was the financial backstop to the world.

"The American people cannot be the world's financial backstop," Senator Lee said.