Sun, Aug 28, 2022
China is a major creditor of Sri Lanka, and is vital to Sri Lanka's efforts to restructure its debt to secure a bailout from the IMF.
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Mon, Dec 12, 2016
Italy`s troubled Banca Monte dei Paschi di Siena (BMPS) bank on Sunday announced it would go ahead with plans to seek a private sector-led rescue, narrowly avoiding the need to seek a government bailout.
Sat, Dec 10, 2016
The European Central Bank (ECB) has rejected a request by Italy`s Monte dei Paschi di Siena for more time to raise capital, a source said on Friday, a decision that piles pressure on the Rome government to bail out the lender.
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