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Ireland exits bailout

DUBLIN, Ireland - Irish Finance Minister Michael Noonan holds a press conference in Dublin on Dec. 13, 2013, before his country exits an international bailout program.

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Cyprus financial crisis

NICOSIA, Cyprus - Women visit an ATM corner of a bank in Nicosia on March 25, 2013. The European Union and Cyprus reached a basic agreement the same day on the terms of a 10 billion euro bailout plan for the banking crisis-hit Mediterranean country to avert a bankruptcy.

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Cyprus financial crisis

NICOSIA, Cyprus - Bank employees clash with police in front of the Cypriot parliament in Nicosia, Cyprus, on March 21, 2013, during a protest opposing a bailout plan for the banking sector amid the country's deepening financial crisis.

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Cyprus financial crisis

NICOSIA, Cyprus - Customers line up at a bank automated teller machine in central Nicosia, Cyprus, on March 20, 2013. Depositors can withdraw limited amounts of cash at ATMs while banks remain closed pending Cyprus' efforts to secure a bailout amid its financial crisis.

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Renesas to receive up to 200 bil. yen bailout

TOKYO, Japan - Yasushi Akao, president of Renesas Electronics Corp., speaks at a press conference in Tokyo on Dec. 10, 2012. Struggling Japanese chipmaker Renesas Electronics said the same day it will receive up to 200 billion yen in aid from a government-backed fund and private-sector firms to turn around its faltering business.

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New gov't to be formed in Greece

ATHENS, Greece - File photo shows Antonis Samaras, leader of Greece's conservative New Democracy party. A government supportive of an international bailout package is set to be formed in Greece as the moderate Democratic Left party, which is opposed to austerity measures, expressed support on June 20, 2012, for a coalition led by the pro-bailout New Democracy party.

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New gov't to be formed in Greece

ATHENS, Greece - People view newspapers reporting the political situation at a newsstand in Athens on June 20, 2012. A government supportive of an international bailout package is set to be formed in Greece as the moderate Democratic Left party, which is opposed to austerity measures, expressed support that day for a coalition led by the pro-bailout New Democracy party.

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Greek election

ATHENS, Greece - Antonis Samaras, leader of New Democracy, a conservative party that supports keeping Greece in the eurozone, declares victory on June 17, 2012, in the day's elections, at a press conference in Athens. New Democracy came first in the nation's parliamentary elections, raising the likelihood of a pro-bailout coalition government being formed.

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Greek election

ATHENS, Greece - Supporters of Syriza, a left-wing group opposing austerity measures for Greece, attend a rally in Athens on June 17, 2012. New Democracy, a conservative party that supports keeping Greece in the eurozone, came first in the day's Greek parliamentary elections, raising the likelihood of a pro-bailout coalition government being formed.

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Greek election

ATHENS, Greece - Alexis Tsipras, leader of Syriza, a left-wing group opposing austerity measures for Greece, gives a speech in Athens on June 17, 2012. New Democracy, a conservative party that supports keeping Greece in the eurozone, came first in the day's Greek parliamentary elections, raising the likelihood of a pro-bailout coalition government being formed.

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New TEPCO President Hirose

TOKYO, Japan - File photo shows Naomi Hirose, managing director of Tokyo Electric Power Co. TEPCO and a state-backed bailout fund plan to promote Hirose as the next president of the company, government sources said May 7, 2012.

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TEPCO submits restructuring plan

TOKYO, Japan - Tokyo Electric Power Co. President Toshio Nishizawa (C) speaks during a meeting on its restructuring in Tokyo on April 27, 2012. The utility and a state-backed bailout fund submitted to the government on the day a restructuring plan to help the company overcome its financial plight following the Fukushima Daiichi nuclear power plant disaster, such as through the injection of 1 trillion yen in public funds and electricity rate hikes.

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Bailout fund official Shimokobe

TOKYO, Japan - File photo shows Kazuhiko Shimokobe, head of the decision-making board of the Japanese state-backed entity providing financial aid to Tokyo Electric Power Co. Sources said on April 18, 2012, that the government plans to tap Shimokobe as next chairman of the utility.

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Athens after violent clash

ATHENS, Greece - A man hoses down the street in central Athens on Feb. 13, 2012, a day after demonstrators clashed with police during a protest against austerity measures. The Greek parliament approved the measures on Feb. 13, 2012, to secure a second bailout fund from the European Union and the International Monetary Fund.

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Protest in Athens

ATHENS, Greece - Photo taken Feb. 13, 2012, shows Syntagma Square in Athens a day after demonstrators clashed with police during a protest against new austerity measures necessary for Greece to receive the second tranche of bailout funds from the European Union and the International Monetary Fund. The Greek parliament approved the austerity bill demanded by bailout creditors on Feb. 13.

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Aftermath of riot in Athens

ATHENS, Greece - Photo taken Feb. 12, 2012, shows a street where rioters and police clashed the same day near Athens' Syntagma Square over new austerity measures necessary for Greece to receive the second tranche of bailout funds from the European Union and the International Monetary Fund.

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Aftermath of riot in Athens

ATHENS, Greece - Photo taken Feb. 12, 2012, shows a street where rioters and police clashed the same day near Athens' Syntagma Square over new austerity measures necessary for Greece to receive the second tranche of bailout funds from the European Union and the International Monetary Fund.

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Mourning wreath in front of Greek parliament

ATHENS, Greece - Photo taken Feb. 11, 2012, shows a mourning wreath placed by demonstrators in front of Greece's parliament in Athens. Parliament approved an austerity bill on Feb. 13, 2012, to secure a second bailout fund from the European Union and the International Monetary Fund.

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EFSF's Regling in Tokyo

TOKYO, Japan - Klaus Regling (C), chief executive officer of the European Financial Stability Facility, heads for a meeting with Japan's Vice Finance Minister for International Affairs Takehiko Nakao on Oct. 31, 2011, at the Finance Ministry in Tokyo. Regling said after the meeting that Nakao assured him of Tokyo's continued purchase of rescue bonds issued by the eurozone bailout fund in ''the same way as the last 10 months.''

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Slovakia approves eurozone bailout fund expansion

BRATISLAVA, Slovakia - Slovakia's Prime Minister Iveta Radicova holds a press conference at the parliamentary building in Bratislava on Oct. 13, 2011, after the parliament approved the expansion of the eurozone's bailout fund by a majority vote, winning support from the largest opposition party after failing to pass it in a first-round vote earlier in the week.

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Gov't to double credit line for Japan Airlines to 200 bil. yen

TOKYO, Japan - Land, Infrastructure, Transport and Tourism Minister Seiji Maehara speaks to reporters at the prime minister's office in Tokyo on Jan. 3, 2010, after a meeting of Cabinet ministers in charge of a bailout for Japan Airlines Corp. The meeting decided that the state-owned Development Bank of Japan will double its credit line for JAL to 200 billion yen as a stopgap measure to keep the cash-strapped carrier afloat by the time its state-backed bailout is worked out later this month.

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Japan deputy PM speaks about JAL bailout

TOKYO, Japan - Japanese Deputy Prime Minister Naoto Kan speaks to reporters at the prime minister's office in Tokyo on Jan. 3, 2010. Kan attended a meeting with other Cabinet members on a bailout for cash-strapped Japan Airlines Corp.

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Transport minister speaks about JAL bailout

TOKYO, Japan - Japanese transport minister Seiji Maehara speaks to reporters at the prime minister's office in Tokyo on Jan. 3, 2010. Maehara attended a meeting with other Cabinet members on a bailout for cash-strapped Japan Airlines Corp.

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Japan's car association supports U.S. gov't bailout for Big 3

TOKYO, Japan - Satoshi Aoki, chairman of the Japan Automobile Manufacturers Association, speaks to a group of reporters in Tokyo on Dec. 24. Aoki, chairman of Honda Motor Co., said that an emergency bailout by the U.S. government of the ailing Big Three automakers is ''necessary'' in light of their importance to the U.S. economy, a core market for Japanese cars.

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Japan minister welcomes passage of U.S. financial bailout bill

TOKYO, Japan - Finance Minister Shoichi Nakagawa speaks to reporters about the U.S. Congress' passage of a financial bailout bill at Tokyo's Haneda airport on Oct. 4.

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Wall Street suffers biggest-ever loss of 777 points

NEW YORK, United States - Photo taken Sept. 29 shows a scene on Wall Street. Panic selling swept across Wall Street Sept. 29 as Congress unexpectedly rejected the government's financial bailout package, sending the Dow Jones average down 777 points, the biggest-ever single-day point loss in U.S. history.

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BOJ chief praises Fed's AIG bailout

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks at a news conference at the BOJ's head office in Tokyo on Sept. 17. Shirakawa praised the U.S. Federal Reserve's bailout of embattled U.S. insurance giant American International Group Inc.

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Tokyo assembly OKs 40 bil. yen bailout for Shinginko Tokyo

TOKYO, Japan - Tokyo Gov. Shintaro Ishihara awaits the results of voting by the Tokyo metropolitan assembly on a controversial plan to invest an additional 40 billion yen in Shinginko Tokyo, a deficit-ridden bank owned primarily by the metropolitan government.

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Bailout body selects Kao-led group as Kanebo buyer

TOKYO, Japan - Atsushi Saito, president of the Industrial Revitalization Corp. of Japan, speaks at a press conference after his agency formally selected a group led by Japan's top household products maker Kao Corp. as the buyer of ailing Kanebo Ltd. and Kanebo Cosmetics Inc.

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Kanebo sees group net balance back to black under rehabilitation

TOKYO, Japan - Kanebo Ltd. Chairman Akiyoshi Nakajima (L) and President Takehiko Ogi give a press conference in Tokyo on May 31. The struggling textile and household product maker said its group net balance returned to the black in the business year ended in March under rehabilitation efforts with the support of the state-backed corporate bailout agency.

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(1)Daiei President Takagi to resign Oct. 22

TOKYO, Japan - Daiei Inc. President Kuni Takagi bows during a press conference at the Tokyo Stock Exchange on Oct. 15. Takagi said he will resign on Oct. 22 to take the blame for Daiei being forced to seek help in rehabilitating from the government-funded bailout agency Industrial Revitalization Corp. of Japan.

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(2)Creditors finalize bailout package for ailing retailer Daiei

FUKUOKA, Japan - Toshio Masui, representative in Japan of U.S. investment fund Colony Capital LLC, speaks to reporters after in Fukuoka on Feb. 10 after key creditor banks finalized a bailout package for the debt-ridden retail chain operator. Under the deal, Daiei is set to sell the Fukuoka Dome baseball stadium and the adjacent Sea Hawk Hotel and Resort to Colony Capital LLC.

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(1)Creditors finalize bailout package for ailing retailer Daiei

FUKUOKA, Japan - Daiei Inc. President Kunio Takagi speaks to reporters in Fukuoka on Feb. 10 after key creditor banks finalized a bailout package for the debt-ridden retail chain operator. Under the deal, Daiei is set to sell the Fukuoka Dome baseball stadium and the adjacent Sea Hawk Hotel and Resort to U.S. investment fund Colony Capital LLC.

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IRCJ announces 3 firms for bailout program

TOKYO, Japan - Shinjiro Takagi (L), chairman of the industrial revival committee, the decision-making organ of the Industrial Revitalization Corp. of Japan (IRCJ), speaks to reporters on Aug. 28 about IRCJ's plan to bail out three companies under its rescue program, with Sadakazu Tanigaki, state minister in charge of industrial revitalization, looking on.

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Resona shareholders approve public funds bailout

OSAKA, Japan - Eiji Hosoya, newly-appointed chairman of Resona Holdings Inc., speaks at a news conference in Osaka on June 27 after its shareholders' meeting. The meeting approved a planned infusion of 1.96 trillion yen in public funds into Resona Bank, and a management reshuffle of the holding company, including Hosoya.

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Resona president apologizes to shareholders for gov't bailout

OSAKA, Japan - Resona Holdings Inc. President Kenji Kawada addresses a meeting of shareholders in Osaka's Chuo Ward on June 27. Kawada apologized to shareholders for the banking group's problems that that led it to request a government bailout of 1.96 trillion yen. Photo was taken from a monitoring television screen.

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BOJ raises liquidity target over Resona bailout

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at a press conference at the central bank's head office in Tokyo on May 20 after the bank's Policy Board meeting.

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Kumagai Gumi eyes 300 bil. yen bailout

TOKYO, Japan - Kazutoshi Torikai, president of ailing construction firm Kumagai Gumi Co., speaks at a news conference in Tokyo on April 4. He said the company will ask its main creditor banks for 300 billion yen in a financial bailout under a fresh three-year restructuring plan, while seeking a merger with industry peer Tobishima Corp.

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Daiei's 3 main banks to provide 520 bil. yen in support

TOKYO, Japan - Kunio Takagi, president of struggling supermarket operator Daiei Inc., talks with journalists after announcing a fresh three-year restructuring program featuring 520 billion yen in financial support from its three main creditor banks, or 100 billion yen more than under an earlier bailout plan.

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Nichiboshin files for rehabilitation under new law

TOKYO, Japan - Akira Mizuguchi (R), president of Nichiboshin Ltd., speaks at a news conference in Tokyo on April 25 after his financially troubled nonbank financial institution filed for a court-mandated bailout under new legislation aimed at speeding up the corporate rehabilitation process.

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South Korea's ex-deputy premier

Former South Korean Deputy Prime Minister Kang Kyung Shik stands trial for allegedly neglecting official duties in handling the financial crisis that forced South Korea to receive a bailout loan from the International Monetary Fund (IMF) last year. Kang appears in prison uniform at the first hearing at the Seoul District Court July 10.

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen is seen during her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen poses after her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen poses after her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen poses after her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference about Uniper and Fortum

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen arrives for her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen is seen during her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen is seen during her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen is seen during her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)

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Press conference of Minister Tuppurainen

Finnish Minister for European Affairs and Ownership Steering Tytti Tuppurainen is seen during her press conference on the bailout deal to rescue the German energy company Uniper in Helsinki, Finland, on July 22, 2022. The German government will take a 30% stake in Uniper. LEHTIKUVA / RONI REKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Roni Rekomaa/Lehtikuva/Kyodo News Images)