By Renee Maltezou | ATHENS ATHENS Prime Minister Alexis Tsipras called on Greece’s international lenders on Thursday to reach an agreement on easing its debt burden by May 22, when euro zone finance ministers meet in Brussels to discuss the country’s bailout progress. Athens and its creditors reached a long-awaited deal at staff-level this week…
By Renee Maltezou | ATHENS ATHENS Prime Minister Alexis Tsipras called on Greece’s international lenders on Thursday to reach an agreement on easing its debt burden by May 22, when euro zone finance ministers meet in Brussels to discuss the country’s bailout progress. Athens and its creditors reached a long-awaited deal at staff-level this week…
© Reuters. Greek PM Tsipras addresses members of his government during a cabinet meeting at the parliament in Athens By Renee Maltezou ATHENS (Reuters) – Prime Minister Alexis Tsipras called on Greece’s international lenders on Thursday to reach an agreement on easing its debt burden by May 22, when euro zone finance ministers meet in…
Retail Acquisitions, the former owner of the collapsed BHS, is on the point of liquidation, potentially helping investigations into the demise of the department store chain. The group, which bought BHS for £1 in 2015 and was fronted by former bankrupt Dominic Chappell, has been accused of extracting an estimated £17m from BHS despite owning…
Even when it is obvious that a company is in financial difficulty, it can be difficult to advise the directors. Most of the time, they will believe they can trade through the difficulties, perhaps with a little forbearance on the part of their creditors, or a new line of credit or two. But when is…
Federal Education Minister Simon Birmingham has unveiled big changes to the Higher Education Loan Program (HELP). With about A$50 billion in outstanding student debt, the goal is to curb costs. Assuming parliament passes the changes, all students will have to pay more and repay quicker. The changes affect current and future debtors. How much more…
CLOSE Puerto Rico’s financial oversight board has filed a form of bankruptcy for the island under Title III of last year’s Puerto Rico rescue law, which is known as PROMESA. USA TODAY People face off with police during the general strike against austerity measures, which coincides with the International Workers Day, in San Juan, Puerto…