Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb UK Alternative spelling of
recapitalize .
Etymologies
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Examples
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The unanimous decision followed a transport department briefing on the National Land Transport Transition Bill, and the government's plan to "recapitalise", or upgrade, the country's ageing taxi fleet and improve regulation of the industry.
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Eastern country that is looking to "recapitalise" its air force has expressed an interest.
HEADLINES 2010
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Regardless of that, our man in Brussels, David Gow, at least has some sense of how it all happened:The European Commission suddenly went on the back foot today after the comments on a "plan" to recapitalise European banks given to the FT by Olli Rehn, economic and monetary affairs commissioner.
Eurozone debt crisis: Markets rally on bank recapitalisation hopes - Live 2011
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In the most explicit statement yet from a top EU official, European commission president Jose Manuel Barroso said in a TV interview: We are now proposing member states to have a co-ordinated action to recapitalise banks and so to get rid of toxic assets they may have.
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Irish finance minister Michael Noonan indicated this afternoon that around €100 would be needed to recapitalise European banks.
Eurozone debt crisis: Markets rally on bank recapitalisation hopes - Live 2011
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Jill's blog has more details.6.52pm: The International Monetary Fund has urged Europe's leaders to recapitalise their banks quickly - rather than procrastinating any more and letting the crisis get any worse.
Eurozone debt crisis: Markets rally on bank recapitalisation hopes - Live 2011
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Barroso said: "Regarding toxic assets, we are doing that precisely, we are now proposing to the member states to have a coordinated action to recapitalise banks so as to get rid of toxic assets they may have."
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A government official has told the FT that while RBS's sovereign debt exposure "is not fundamentally worrying...if there is a broader European drive to recapitalise the banks it's conceivable they may need more government money."
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Eurozone policymakers need to recapitalise Greek and other eurozone banks with major Greek exposure in return for equity stakes.
Greece and the eurozone: Accept reality – and default | Editorial 2011
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Michael Hewson, market analyst at CMC Markets, sums up Wednesday's events:European markets have shrugged off disappointing services PMI data from across Europe, choosing to focus on talk of a plan to recapitalise the regions banks.
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