Sentence examples for required a second bailout from inspiring English sources

Exact(2)

There is a large body of research showing a correlation between excessive leverage and failure of banks like Dexia, the Franco-Belgian institution that required a second bailout in 2011.

And Ireland has kept up its part of the bargain — unlike Greece, which required a second bailout and continues to struggle to satisfy its international lenders that it has exercised enough budget discipline to merit its next loan installment of €31.5 billion, or $40.7 billion, to avoid defaulting by the end of next month.

Similar(58)

A week after slashing Portugal's status, Moody's cut Ireland's credit rating to junk and warned that the country would be likely to require a second bailout.

Dublin is trying to distance itself from the woes of euro zone struggler Greece, which is trying to avoid a potentially devastating default and seems certain to require a second bailout to plug a looming funding gap.

The Greek prime minister Lucas Papademos has conceded that the crisis-plagued country could require a third bailout only weeks after it secured a second package of rescue funds following months of hand-wringing in Brussels.

Irish voters would probably approve their country's participation in a euro zone fiscal discipline pact, approval that would be required were Ireland itself to need a second bailout.

If savers start to wonder whether deposits in any of the eurozone states that may require a bailout are safe, there could be runs in Greece – already in need of a second bailout – as well as in Italy and Spain.

Varoufakis conceded for the first time that Greece might require a third eurozone bailout if and when the present programme concluded, as scheduled, by the end of June.

"Markets will certainly ask the question about whether a second bailout might be required and the margin for error between the sort of €40bn the IMF is saying and the €100bn ceiling," said Mark Miller of Capital Economics.

Greece succeeded in getting a second bailout.

A second bailout looks more likely...

Show more...

Ludwig, your English writing platform

Write better and faster with AI suggestions while staying true to your unique style.

Student

Used by millions of students, scientific researchers, professional translators and editors from all over the world!

MitStanfordHarvardAustralian Nationa UniversityNanyangOxford

Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak quote

Justyna Jupowicz-Kozak

CEO of Professional Science Editing for Scientists @ prosciediting.com

Get started for free

Unlock your writing potential with Ludwig

Letters

Most frequent sentences: