Money Snatchers

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.

Greece’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.

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.

The Senate will act to raise the country’s debt limit on Thursday before closing shop for the year. That’s the plan anyway.

Arcadia , 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.

Arcadia , 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.

Muzak Holdings said Thursday it has filed a bankruptcy reorganization plan that has the support of its biggest lenders and would cut its debt by more than half.

Ford will likely trade more of its debt for equity and sell more common stock, so it can improve its balance sheet until the company can become profitable in 2011, CEO Alan Mulally said Thursday.

The New York public transit authority’s budget crisis is the result of runaway debt service costs, and the state and city need to reinstate pre-1992 funding levels to resolve it, a report said on Thursday.