Debtcrisis

Showing of 1 - 20 from 169 results
Debtcrisis - Total results - 169
Chidambaram's Budget is at risk of being ambushed
Economy

Chidambaram's Budget is at risk of being ambushed

Any short-term feel-good effect that the Finance Minister may generate in the Indian market with his budget proposals will likely be tempered by developments on the global economic and financial front, over which he has no control.

British economy loses AAA crown on Moody's downgrade
World

British economy loses AAA crown on Moody's downgrade

Moody's is the first of the major credit rating agencies to knock the UK off of its top rating citing weakness in the nation's medium-term growth outlook for years.

Eurozone mulls Greek debt buyback as part of bailout
Economy

Eurozone mulls Greek debt buyback as part of bailout

Under current projections, Greek debt is expected to be about 145 percent in eight years' time, meaning measures totalling around 25 percentage points of GDP, or 50 billion euros, are needed to get Greece back on track.

Good morning Britain: After Olympics you still have money problems
Economy

Good morning Britain: After Olympics you still have money problems

The Olympics have done much to feed illusions that borrowing and spending could continue as before, and be stepped up too, as though the net debt wasn't rising.

Germany should support common banking union: Deutsche Bank
Economy

Germany should support common banking union: Deutsche Bank

Deutsche Bank co-chief executive Fitschen's criticism was aimed at smaller German savings and cooperative banks which have argued they should not fall under the umbrella of a European supervisor

What's common between Spain and a bad mortgage?
Economy

What's common between Spain and a bad mortgage?

The clock is ticking for the country, which is finding fewer and fewer buyers for its debt, sold on the market as bonds.Investors are fretting over whether Spain will be able to repay its loans, and the country could end up being shut out of vital international debt markets.

ECB keeps rates unchanged, policy measures eyed
Economy

ECB keeps rates unchanged, policy measures eyed

Any sign that Draghi overplayed his hand when he made the bold pledge a week ago could see markets punish the eurozone

Near-bankrupt Greece running out of cash
Economy

Near-bankrupt Greece running out of cash

Greece's European partners have repeatedly promised the country will be funded through August, when it must repay a 3.2 billion euro bond, but the details of the funding have yet to be disclosed.

Draghi under pressure to deliver on pledge to save euro
Economy

Draghi under pressure to deliver on pledge to save euro

European Central Bank President Mario Draghi must back up his pledge to do what it takes to protect the euro when the bank's policymakers meet on Thursday or else face deep disappointment from investors hungry for - and expecting - immediate action.<br /><br />

EU Summit: Leaders agree to keep debt-ridden banks afloat
World

EU Summit: Leaders agree to keep debt-ridden banks afloat

After tough all-night bargaining, European leaders appeared to salvage what had seemed to be a summit teetering toward failure by agreeing early Friday to use the continent's bailout fund.

Troubled EU summit: Merkel vs everyone else
World

Troubled EU summit: Merkel vs everyone else

Germany's Chancellor Angela Merkel, who has resolutely opposed the issuing of mutual debt, is the woman to watch — or fear, or confront — at the two-day summit.

Spain: No international bailout needed
Economy

Spain: No international bailout needed

Worries about Spain's ability to repay its debt grew last week when the country agreed to accept a eurozone loan of up to 100 billion to shore up its ailing banks, which are sitting on massive amounts of soured real estate investments.

Second day of power-sharing talks begin in Greece
World

Second day of power-sharing talks begin in Greece

Greece's conservative leader will hold a second day of talks with rival party leaders in an attempt to form a coalition government, after the debt-crippled country's second inconclusive election in six weeks.

Sigh of relief at G20 summit over Greek election results
World

Sigh of relief at G20 summit over Greek election results

Spanish Prime Minister Mariano Rajoy lauded the Greek vote while speaking to reporters in Mexico on Sunday, saying "we have improved a lot since we've entered the euro."

Euro's D-day arrives as Greeks begin voting
World

Euro's D-day arrives as Greeks begin voting

Greeks went to the polls on Sunday in an election that could decide whether their heavily indebted country remains in the euro zone or heads for the exit, potentially unleashing shocks that could break up the single currency.

Today's Greek vote could unleash seismic shocks for euro
World

Today's Greek vote could unleash seismic shocks for euro

Greece's election on Sunday is too close to call and could push the debt-ridden country out of the European single currency, rocking the euro to its core and sowing turmoil in global financial markets.

No austerity condition attached to bailout package: Spain
Economy

No austerity condition attached to bailout package: Spain

Spain will become the fourth eurozone nation to receive a relief package from the EU and the International Monetary Fund after Greece, Ireland and Portugal since the outbreak of the euro-zone sovereign debt crisis two years ago.

Why Greece's 17 June election will decide euro's fate
World

Why Greece's 17 June election will decide euro's fate

The election in Greece on 17 June will help determine whether the financial crisis that has plagued Europe for more than two years is slowly coming under control - or about to get much worse.

IMF: No bailout plans for Spain in the works
World

IMF: No bailout plans for Spain in the works

The International Monetary Fund says it has not been asked by Spain for a bailout and has not begun preparing one.

Greece to dissolve Parliament for new election
World

Greece to dissolve Parliament for new election

Greece's Parliament is to be dissolved so new elections can be held 17 June. The move Friday comes after an inconclusive election left squabbling politicians unable to form government, deepening the country's political crisis.