Sentence examples for formal bailout from inspiring English sources

A formal bailout is unlikely.

released its banking audit as Spain contemplates making a formal bailout request to Europe to help recapitalize its fragile banking system.

So the only other viable option would seem to be a formal bailout of Spain itself, even if Madrid is currently arguing that there is no need.

The bailout agency will also have the authority to intervene in European bond markets, to keep rising interest rates from swamping Spain, Italy or others not covered by a formal bailout program.

However, Jeremy Cook of foreign currency trading group World First, said Spain should apply for a formal bailout: "Although politically destructive and obviously humiliating, it is time for Spain to ask for help from the IMF".

And then there's one other big event that many suspect is drawing closer - Spain's government is under pressure to request a formal bailout, not just for its banks, but also for itself.

Under Mr Draghi's plan, the ECB would agree to buy a potentially unlimited amount of bonds of debt-stricken eurozone members on the condition that these countries made a formal request for bailout funds and stuck to the terms of any deal.

European Commission antitrust regulators in July opened a formal investigation of the bailout.

But Tsipras was facing a likely parliamentary vote of no confidence, which he wasn't certain to survive, and a formal schism with anti-bailout members of Syriza, who have been talking about setting up their own party.

And that means that formal negotiations over a third bailout worth around €86bn can begin in the coming days, and potentially be completed by the second half of August.

A spokesman for the European Commission, Amadeu Altafaj, said Wednesday that there had been no formal request for the European Union bailout funds to be used to relieve tension in bond markets.