Money Snatchers

Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, warning it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF.

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Greek PM warns of debt spiral, hopes to avoid IMF

Partly-nationalised Royal Bank of Scotland is planning a major debt restructuring, the Financial Times reported on Tuesday.

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RBS plans major debt restructuring: report

Partly-nationalised Royal Bank of Scotland is planning a major debt restructuring, the Financial Times reported on Tuesday.

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RBS plans major debt restructuring: report

The country’s top-notch credit rating is in danger of being downgraded, Moody’s is warning—and if a ratings agency that completely failed to predict the financial crisis is sounding the alarm, we should all be afraid.

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America's Debt Gets Scary – Page 1 – The Daily Beast

The country’s top-notch credit rating is in danger of being downgraded, Moody’s is warning—and if a ratings agency that completely failed to predict the financial crisis is sounding the alarm, we should all be afraid.

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America's Debt Gets Scary – Page 1 – The Daily Beast

March 14 — European Central Bank council member Ewald Nowotny said that some euro-region governments may face a “debt spiral” if they don’t starting cutting their budget deficits next year.

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ECB’s Nowotny Says Governments May Face Threat of ‘Debt Spiral’

March 14 — European Central Bank council member Ewald Nowotny said that some euro-region governments may face a “debt spiral” if they don’t starting cutting their budget deficits next year.

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ECB’s Nowotny Says Governments May Face Threat of ‘Debt Spiral’

The debt has implications for savers and investors:

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What U.S. debt means to consumers

The debt has implications for savers and investors:

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What U.S. debt means to consumers

Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes

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Britain confronts debt of Greek proportions