11 biggest economic bailouts in the world
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Cyprus is not the only country that has sought financial help to remain afloat.
Let's take a look at 11 countries that have been bailed out by banks, according to FT Alphaville and Society General, a European Bank.
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Image: A view of Stockholm, Sweden.
Photographs: Ints Kalnins/Reuters
11 biggest economic bailouts in the world
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Indonesia
Aid provided by banks: 57 per cent of GDP
Year in which the bailout happened: 1997
Global rank in terms of financial help: 1
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Image: A view of Welcome Statue fountain in Jakarta, Indonesia.
Photographs: Supri/Reuters
11 biggest economic bailouts in the world
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Cyprus
Aid provided by banks: 56 per cent of GDP
Year in which the bailout happened: 2013
Global rank in terms of financial help: 2
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Image: A boy skates in front of the Orthodox Faneromeni church in central Nicosia, Cyprus.
Photographs: Yorgos Karahalis/Reuters
11 biggest economic bailouts in the world
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Argentina
Aid provided by banks: 55 per cent of GDP
Year in which the bailout happened: 1980
Global rank in terms of financial help: 3
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Image: Overview of Buenos Aires' 9 de Julio Avenue with the Obelisk in the background, Argentina.
Photographs: Enrique Marcarian/Reuters
11 biggest economic bailouts in the world
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Iceland
Aid provided by banks: 44 per cent of GDP
Year in which the bailout happened: 2008
Global rank in terms of financial help: 4
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Image: Children skate on the ice of the frozen Tjoernin lake in central Reykjavik, Iceland.
Photographs: Stoyan Nenov/Reuters
11 biggest economic bailouts in the world
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Jamaica
Aid provided by banks: 44 per cent of GDP
Year in which the bailout happened: 1996
Global rank in terms of financial help: 5
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Image: Architectural fretwork at Westgate Shopping Centre Montego Bay, Jamaica.
Photographs: Courtesy, Jazzypom/Wikipedia Commons
11 biggest economic bailouts in the world
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Thailand
Aid provided by banks: 44 per cent of GDP
Year in which the bailout happened: 1997
Global rank in terms of financial help: 6
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Image: A skytrain passes over vehicles on the road during rush hour in Bangkok, Thailand.
Photographs: Chaiwat Subprasom/Reuters
11 biggest economic bailouts in the world
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Chile
Aid provided by banks: 43 per cent of GDP
Year in which the bailout happened: 1981
Global rank in terms of financial help: 7
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Image: A view of Santiago City, Chile.
Photographs: Victor Ruiz Caballero/Reuters
11 biggest economic bailouts in the world
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Ireland
Aid provided by banks: 41 per cent of GDP
Year in which the bailout happened: 2008
Global rank in terms of financial help: 8
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Image: Leandro Virgilio, 37, poses in the backyard of his restaurant near Dublin city centre which becomes a bar and club in the evenings, Ireland.
Photographs: Cathal McNaughton/Reuters
11 biggest economic bailouts in the world
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Macedonia
Aid provided by banks: 32 per cent of GDP
Year in which the bailout happened: 1993
Global rank in terms of financial help: 9
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Image: A man walks near trees illuminated with Christmas lights in Skopje, Macedonia.
Photographs: Ognen Teofilovski/Reuters
11 biggest economic bailouts in the world
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Turkey
Aid provided by banks: 32 per cent of GDP
Year in which the bailout happened: 2000
Global rank in terms of financial help: 10
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Image: A view of Istanbul's financial district in Turkey.
Photographs: Murad Sezer/Reuters
11 biggest economic bailouts in the world
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South Korea
Aid provided by banks: 31 per cent of GDP
Year in which the bailout happened: 1997
Global rank in terms of financial help: 11
Image: Part of Gangnam area is seen down the Han River in Seoul, South Korea.
Photographs: Lee Jae-Won/Reuters
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