Mehreen Khan and Jim Brunsden in Brussels January 22, 2018 EU creditors are to start sensitive talks on how to structure possible debt relief for Greece as Athens eyes an exit from eight years of international bailouts this summer. Eurozone finance ministers praised the Greek governments latest reform attempts in a meeting in Brussels on…
Tween accessories company Claire’s, the go-to destination for ear piercing, has hired investment bank Lazard to help address its roughly $2.2 billion debt load, the company announced on Monday. “We believe this is the right time to undertake this initiative and we want to assure our vendors, employees and stakeholders that we believe we have…
Mehreen Khan January 22, 2018 EU creditors will begin long-awaited talks on Greek debt relief as they prepare to sign off on one of the countrys last remaining hurdles under its 86bn bailout. Mário Centeno, president of the eurogroup of eurozone finance ministers, said EU institutions will now explore how to link Greek debt relief…
HELSINKI, Jan 22 (Reuters) – Europes next financial crisis may be averted with the help of a new safe asset aimed at breaking a vicious circle of lending by banks to their national governments, the man in charge of creating it said on Monday. Philip Lane, the head of a taskforce working on a synthetic…
UAE Helping Hands: parents need to repay Dh100,000 debt to be reunited with disabled daughter – The National x Abu Dhabi, UAESaturday 20 January 2018 Read the full article at: https://www.thenational.ae/uae/uae-helping-hands-parents-need-to-repay-dh100-000-debt-to-be-reunited-with-disabled-daughter-1.696893
A MoneySaver who racked up £180,000 in debt on loans and credit cards has told how she finally became debt-free 12 years later, thanks to the debt charity Stepchange and help from the MoneySavingExpert.com Forum. Forumite ‘Lozzam’ says that to this day only six of her family and friends know the true scale of…
In 2016, I had a medical emergency that landed me in the hospital for days. It was scary and stressful, but the worst part wasnt being ill it was the medical bills that started pouring in afterward. Out of money, I ended up paying my medical bills with credit cards, racking up approximately $20,000 in…
Runa Alam and Ibrahim Sagna January 16, 2018 Private debt is recognised as an institutional asset class and as an alternative source of risk-adjusted returns for institutional investors globally. While some investors have specific, fixed allocations to private debt, others allocate from fixed income or private equity. In Africa, there has been a convergence of…
TWO of the UK’s leading debt charities have warned those seeking help not be fooled by websites that appear at the top of Google search. StepChange and the Money Advice Trust said the number of sites pretending to be official organisations and using paid-for Google Ads was sparking fears that those struggling with debt are…
TOKYO — By publicly listing wireless subsidiary SoftBank, SoftBank Group would likely be able to rein in its rising debt and diversify its funding channels, in addition to streamlining its operational structure made more complicated by a string of big investments. The Japanese technology giant has burned through cash in recent years with such deals as the…