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Greek PM warns of debt spiral, hopes to avoid IMF

Posted by on Mar 18th, 2010

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

Posted by on Mar 14th, 2010

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’

Posted by on Mar 14th, 2010

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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What U.S. debt means to consumers

Posted by on Mar 12th, 2010

The debt has implications for savers and investors:

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Britain confronts debt of Greek proportions

Posted by on Mar 10th, 2010

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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The Hidden Cost of Spending While In Debt

Posted by on Mar 10th, 2010

For example, I’ve talked before about how we taped a picture of our daughter to our credit cards while we were paying down our debt . Many people I know use some sort of 30-day rule to curb their impulse desires, especially those which …

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Centerline Capital restructures debt

Posted by on Mar 8th, 2010

Centerline Capital Group said Monday it has completed a series of deals that allows the real estate asset management firm to substantially restructure its outstanding debt.

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Centerline Capital restructures debt

Posted by on Mar 8th, 2010

Centerline Capital Group said Monday it has completed a series of deals that allows the real estate asset management firm to substantially restructure its outstanding debt.

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National debt to be higher than White House forecast, CBO says

Posted by on Mar 6th, 2010

President Obama’s proposed budget would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday.

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Greek govt confronts protests and debt doubts

Posted by on Mar 4th, 2010

Greek Prime Minister George Papandreou confronted more anti-austerity protests Thursday and tested international support for his battle against debt with a new multi-billion-euro bond.