Remember meForgot password?
    Log in with Twitter

Debt News

France warns won't meet EU deficit targets as steps up security spending

Paris - France warned Tuesday it won't meet its EU deficit obligations as it steps up spending on security in the wake of the Paris terror attacks.

Greece's leftist govt hit by first general strike

Atenas - Over 20,000 people demonstrated in Athens against fresh spending cuts Thursday, with sporadic outbreaks of violence, in the first general strike against the leftist government which swept to power on an anti-austerity ticket.

Creditors begin Greek reforms review ahead of strike

Atenas - Greece's international creditors on Wednesday begin a review of reforms pledged under the country's bailout, a day ahead of a general strike to protest the measures.

Argentine candidate Macri pledges to end bond fight

Buenos Aires - Argentine presidential challenger Mauricio Macri said Tuesday that he will end the country's long debt battle with US hedge funds if he wins the runoff vote on November 22.

Moscovici confident of 'compromise' with Greece on remaining reforms

Atenas - The EU's economic affairs commissioner, Pierre Moscovici, voiced confidence Tuesday that Greece would reach a "compromise" with its creditors by the end of the week on remaining reforms demanded under its third bailout.

U.S. Senate passes budget deal to avert default

Washington - The US Senate passed a bipartisan, two-year budget deal early Friday that boosts federal spending by $80 billion, reduces a government shutdown threat and raises the debt ceiling through the end of Barack Obama's presidency.

S&P upgrades Ukraine from 'selective default'

Kiev - Standard and Poor's upgraded Ukraine's credit rating on Monday from "selective default" thanks to the cash-strapped former Soviet country's ability to strike a major debt write-restructuring deal.

Greek lawmakers to approve first new bailout reforms

Atenas - Greece's parliament was expected to approve later Friday a first batch of reforms and tax cuts stemming from its third EU bailout.

Ukraine threatens 'legal war' with Russia over debt deal

Kiev - Ukraine threatened Thursday to launch a "legal war" with Russia after Moscow held out on a vital debt restructuring agreement needed to stop the crisis-torn nation hurtling towards a default.

Spain fends off finance critics ahead of elections

Madrid - Spain's government was forced to defend itself Tuesday against claims it polished its outlook for its recovering public finances ahead of a general election.

Putin asks IMF to help Ukraine pay off $3 billion debt to Russia

Moscow - President Vladimir Putin called Tuesday on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay off its debt to Russia.

Ukraine confident Russia can't hold IMF aid 'hostage'

- Ukraine is confident the international community will not let Russia hold "hostage" an IMF bailout package that Kiev needs to avoid default, a source close to the Ukrainian government said Saturday.

Hedge fund threatens to sue Peru over debt: Sources

- A US hedge fund is threatening to sue Peru for payment of defaulted debts issued by its former military regime, sources said Friday, with one activist group condemning the action as "predatory.

IMF chief urges holdouts to join Ukraine debt deal

Kiev - IMF chief Christine Lagarde on Tuesday pressed Ukraine's hold-out creditors such as Russia and a handful of Western investment houses to write off some of the crisis-wrecked country's massive debt.

Putin congratulates Tsipras on Greek vote win

Moscow - Russian President Vladimir Putin on Monday congratulated Greece's left-wing prime minister Alexis Tsipras on his thumping poll victory.

Ukraine parliament backs crucial debt write-off deal

Kiev - Ukraine's parliament on Thursday backed a crucial debt restructuring agreement that will save Kiev billions of dollars and keep the war-torn country from falling into an unmanaged default.

Greek crisis prompts a rethink on food waste

Atenas - With little end to their economic misery in sight, Greeks are finding inventive ways to feed the poor while also fighting waste -- a movement that is chipping away at traditional attitudes to food.

Greek opposition conservatives nudge ahead of Syriza: Poll

Atenas - Eighteen days ahead of snap elections, Greece's conservative opposition New Democracy party has for the first time taken a slender lead over the ruling left-wing Syriza, an opinion poll showed Wednesday.New Democracy has 25.

Greece vote set for Sept 20 as Syriza takes poll lead

Atenas - Greece geared up Friday for a snap election next month, with an opinion poll showing the leftist party Syriza ahead despite a wave of defections over the country's massive new bailout.

Poll shows Tsipras in lead as Greece gears up for vote

Atenas - Greece geared up for its fifth election in six years with an opinion poll Friday showing leftist leader Alexis Tsipras ahead despite a wave of defections from his Syriza party over the terms of the country's massive new bailout"Today the great electora...

Greece's top judge takes over as caretaker PM ahead of snap vote

Atenas - Greece's top judge on Thursday became the country's first female prime minister, taking over a caretaker administration to organise early elections next month, the fifth in the crisis-hit country in six years.

Ukraine averts default with major debt write-down deal

Kiev - Ukraine said Thursday it has reached a crucial debt restructuring deal that will see lenders accept a 20-percent write-down and keep global markets open to the cash-strapped ex-Soviet state.

Greece's Tsipras rules out forming national unity govt

Atenas - Outgoing Greek Prime Minister Alexis Tsipras on Wednesday ruled out forming a national unity government should he fail to win a outright majority in snap elections triggered after he resigned last week.

Syriza plans programme to ease 'negative' impact of Greek bailout

Atenas - Greece's ruling radical left Syriza party is preparing a "parallel" programme to help ease the "negative consequences" of the tough austerity reforms that were required to obtain its latest international bailout, the government said Tuesday.

New blow for Greece's Syriza as rebels try to form govt

Atenas - Greece's embattled ruling Syriza party suffered another blow Monday when its secretary quit, as eurosceptic rebels were given a mandate to try to form a government.

Greek eurosceptics to take government mandate amid early election row

Atenas - A breakaway eurosceptic faction of Greece's Syriza party was to attempt to form a government Monday as the country headed for a likely September 20 snap ballot.

Greece rebels form new party ahead of snap polls

Atenas - Rebels from Greece's Syriza party on Friday formed a breakaway parliamentary group after Prime Minister Alexis Tsipras resigned, paving the way for the crisis-hit country's fourth election in three years.

Alexis Tsipras: PM locked in an endless Greek drama

Atenas - Prime Minister Alexis Tsipras knew all too well that Greece's huge bailout would appall many in his radical leftist party -- but now the hard-fought rescue has cost him his government.

Greece's Tsipras resigns, calls snap polls to beat party revolt

Atenas - Greek Prime Minister Alexis Tsipras announced his resignation and called for snap elections, as he went on the offensive to defend the country's massive bailout after it triggered a rebellion within his own hard-left party.

Greece's Tsipras pushes September election to beat party revolt

Atenas - Greek Prime Minister Alexis Tsipras is set to call snap elections on Thursday, facing an internal party revolt by MPs furious at his embrace of austerity in a massive new international bailout.
  1 2 3 4 5 6 ... 16 Next»

Set up a news alert for


Debt Image

President Barack Obama signs the Budget Control Act of 2011 in the Oval Office  Aug. 2  2011
President Barack Obama signs the Budget Control Act of 2011 in the Oval Office, Aug. 2, 2011
White House photo by Pete Souza
Public Domain Pictures
Increasing price of textbooks on students.
Increasing price of textbooks on students.
Federal Reserve G20 Data Display in Ratio Line Chart
Federal Reserve G20 Data Display in Ratio Line Chart
Akademos Logo  Akademos Philosophy  Flatworld Knowledge Textbooks  eReader  CoursePack
Akademos Logo, Akademos Philosophy, Flatworld Knowledge Textbooks, eReader, CoursePack
Akademos, Inc.
Comparison of debt in countries with the Euro as currency
Comparison of debt in countries with the Euro as currency
A young person holding her credit card bill
A young person holding her credit card bill
Via Flickr user xJason.Rogersx
New Jersey s baboon is finally captured.
New Jersey's baboon is finally captured.

Latest News
Top News