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Spain’s debt costs rise
Posted by on May 6th, 2010Spain’s borrowing costs rose significantly Thursday in its first debt auction since its credit rating was downgraded last week by Standard & Poor’s amid concerns it might be hit by a Greek-style debt crisis.
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Moody’s: Debt crisis may hurt banks outside Greece
Posted by on May 6th, 2010The debt crisis enveloping Greece could spread to hurt the banking systems in Portugal, Italy, Spain, Ireland and Britain, a leading credit ratings agency warned Thursday.
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Summary Box: Rates fall on Greek debt concerns
Posted by on Apr 15th, 2010GREECE QUESTIONS: Interest rates dropped in the bond market Thursday on renewed concerns that a bailout for Greece might not be enough to prevent the country from defaulting on its debt.
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Hilton Reorganizes Its Debt – DealBook Blog – NYTimes.com
Posted by on Apr 9th, 2010Hilton Worldwide, the operator of the Hilton hotel chain and a portfolio company of the Blackstone Group, said late on Thursday that it has reorganized its hefty debt load, cutting $4 billion in obligations and pushing back maturities.
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Greek PM warns of debt spiral, hopes to avoid IMF
Posted by on Mar 18th, 2010Greece 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 govt confronts protests and debt doubts
Posted by on Mar 4th, 2010Greek 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.
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Greece Embarks on New Debt Issues – DealBook Blog – NYTimes.com
Posted by on Mar 4th, 2010Greece’s debt agency announced Thursday that it would issue 8 billion euros in five-year bonds a day after its government announced new austerity measures worth 4.8 billion euros to battle its rampant deficit.
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US debt is a national security matter: Clinton
Posted by on Feb 25th, 2010Secretary 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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Debt limit: What’s the fuss?
Posted by on Dec 23rd, 2009The Senate will act to raise the country’s debt limit on Thursday before closing shop for the year. That’s the plan anyway.
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Arcadia Year Profit Up And Debt Reduced
Posted by on Oct 22nd, 2009Arcadia , the fashion group owned by billionaire Philip Green, on Thursday posted a 13 percent increase in full-year profit along with solid current trading and said it had significantly cut its debt.