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DebtCrisis

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Debt Crisis: Greece seeks six-month loan extension from European Union

Feb 19, 2015

Debt Crisis: Greece seeks six-month loan extension from European Union

Greece has formally asked the EU for a six-month loan extension, officials in Athens and Brussels said, hoping to avoid default and draft a new deal with its creditors.Greece has formally asked the EU for a six-month loan extension, officials in Athens and Brussels said, hoping to avoid default and draft a new deal with its creditors. #IMF #Greece #Europe #European Union #Euro #Default #European Central Bank #ECB #European debt crisis #Greece Default
Services shuts down across Greece amid nationwide general strike

Nov 27, 2014

Services shuts down across Greece amid nationwide general strike

Greece has been dependent on billions of euros from international bailouts from the eurozone and International Monetary Fund since 2010. #Economy #IMF #NewsTracker #Greece #Euro #Eurozone #Union Budget #greek debt crisis #austerity measures
Understanding what S&P's warning means for India

Nov 08, 2013

Understanding what S&P's warning means for India

S&P does point out that whatever fiscal discipline that has been achieved so far has been at the cost of cutting down on development project expenditure or selling state enterprises. #Economy #Investing #S&P #RBI #InMyOpinion #fiscal deficit #Sovereign debt crisis
Republicans have damaged US economy, credibility Obama

Oct 17, 2013

Republicans have damaged US economy, credibility Obama

President Barack Obama on Thursday blasted Republican opponents who he said had damaged America's economy and credibility, issuing a stern rebuke from the White House after a prolonged standoff that forced a government shutdown and threatened default #Barack Obama #US congress #USA #Republicans #US debt crisis #Joe Biden #US government #Obamacare #Debt ceiling #US government shutdown
US edges away from brink of debt crisis, as deadline closes in

Oct 17, 2013

US edges away from brink of debt crisis, as deadline closes in

US Senate leaders announced a deal on Wednesday to end a political crisis that partially shut down the federal government and brought the world's biggest economy close to a debt default that economists said threatened financial calamity. #Barack Obama #Yahoo! #Debt crisis #content #wcnts #wcntn #typeof-social #undefined #US Senate #cookie #values #aut #rch #typeof-registered #cnt #fiscal #US shutdown #Debt ceiling

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Debt's big losers: realty, oil, aviation and power firms

Nov 04, 2011

Debt's big losers: realty, oil, aviation and power firms

Companies with high debt levels are going to be in trouble as banks turn wary. This is also true of government and govt-owned companies. #air india #SKS #ICICI Bank #Eurozone #DLF #DebtCrisis #Kingfisher #Jaiprakash #NotJobsButPassion
Life after downgrade: Still some silver linings?

Aug 08, 2011

Life after downgrade: Still some silver linings?

The bright side of the S&P downgrade of the US is that the RBI will start easing up on interest rates. #United States #S&P #Finance #Interest rates #Debt crisis #Downgrade