Sri Lanka bailout conditional on tackling corruption: IMF

Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the International Monetary Fund (IMF) said yesterday after signing off on a $3 billion loan for the crisis-hit nation.

The IMF approved its long-delayed rescue program on March 20 after China, the South Asian nation's biggest bilateral lender, offered debt relief assurances.

Constitutional Court throws out recourse for bailed-in bank investors

In a landmark ruling Slovenia's top court has abrogated a law that required the Slovenian central bank to compensate those who lost their investments during the banking sector bailout of 2013, when roughly tens of thousands of holders of shares and junior bonds were completely wiped out.

Slovenia’s bad bank winding up

The Bank Assets Management Company (BAMC), Slovenia’s bad bank, will be wounded up come the new year, less than a decade after playing a key role in a major bank bailout. Its remaining assets, estimated at half a billion euros, will be transferred to Slovenian Sovereign Holding (SSH), the state assets custodian.

Greece completes early repayment of bailout loans to IMF

Greece has repaid its outstanding debts dating back to its financial crisis to the International Monetary Fund, two years ahead of schedule, the country's finance minister said on April 4.

Christos Staikouras hailed the payment as "a very positive development" that would mean significant savings in debt servicing costs.

Greece seeks ESM consent to repay part of IMF loans earlier

Greece has filed a request to the European Stability Mechanism (ESM), the eurozone's bailout fund, seeking its consent to pay back earlier expensive debt to the International Monetary Fund, government officials said on Wednesday.

The country has received three international bailouts from the eurozone and the IMF worth 280 billion euros since 2010.