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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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RBS plans major debt restructuring: report

Posted by on Mar 16th, 2010

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

Posted by on Mar 16th, 2010

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

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

Posted by on Mar 16th, 2010

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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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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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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Sioux Tribe settles tax debt with IRS, buys back land

Posted by on Mar 2nd, 2010

The Crow Creek Sioux Tribe has settled its tax debt with the IRS and lined up a loan that will enable it to buy back the 11 square miles of land the IRS sold at auction in December, the tribal chairman said.

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US debt is a national security matter: Clinton

Posted by on Feb 25th, 2010

Secretary of State Hillary Clinton warned Thursday that the record US budget deficit and national debt are matters of national security rather than just economics.

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Fitch upgrades ArvinMeritor debt ratings

Posted by on Feb 23rd, 2010

Credit ratings agency Fitch Ratings said Tuesday it upgraded ArvinMeritor’s main debt after the auto parts supplier announced plans to raise money through the sale of debt and stock to the public.