Greece just received some short-term relief from the eurozone. In exchange for successfully implementing tough economic reforms and budget constraints, the country will be given some short-term help in the form of smoothing its repayment schedule for EFSF debt and waiving an interest rate increase that was scheduled for 2017. We agreed the primary surplus…
LISBON, Portugal (AP) Portugal’s prime minister says he doesn’t expect eurozone authorities to make any substantial progress on resolving the bloc’s debt problems before Germany’s national elections in a year’s time. Antonio Costa… Read the full article at: http://www.heraldcourier.com/news/world/portugal-expects-no-debt-relief-before-german-elections/article_2e8787cb-879f-552c-b18d-2799c7a81f10.html
Euro-area finance ministers agreed to measures that will help ease Greeces debt burden, while insisting that the government of Prime Minister Alexis Tsipras adopt serious reforms that will ensure the nation maintains a proper fiscal record after the end of its current bailout. Finance ministers from the currency bloc meeting in Brussels clinched steps that…
Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Greece secured short-term debt relief from European creditors on Monday, AP reports. Short-term relief At a meeting of the 19 eurozone finance ministers in Brussels, Greeces creditors offered some immediate measures to ease the pressure on the Greek economy. That includes the smoothing…
New research from the Grattan Institute reveals the degrees that could leave you jobless. You may have to pay more for your university degree. YOU could be stuck paying more for your university degree, which are becoming more and more useless in todays job market. The Grattan Institutes higher education program director Andrew Norton wants…
Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece. The IMF played a key role in two massive rescues for Greece but baulked at a third in 2015, worth 86 billion euros ($92 billion),…
Students will see more of their debts forgiven than previously thought. An estimated $108 billion or more in student loans will be forgiven over the next 10 to 20 years, thanks to federal programs that help ease the financial burden for those attending higher education institutions. That figure is roughly one-third of the $352 billion…
SPRINGFIELD Since 2011, the Massachusetts Debt Relief Foundation has been providing pro bono chapter 7 bankruptcy representation to people who are struggling to get out of debt. Five years later, the foundation is still offering these services in English, Spanish and Portuguese. “It’s something we see too often…people find themselves overwhelmed with debt and it…
Nov. 30, 2016 5:30 a.m. ET WASHINGTONThe federal government is on track to forgive at least $108 billion in student debt in coming years, according to a report that for the first time projects the full cost of plans that tie borrowers payments to their earnings. The report, to be released on Wednesday by the Government Accountability…
Like this story, share it with millions of investors on M3 Fresh infusion to help debt reduction: Amtek Auto The investors has made a significant investment in the group, said John Flintham, Vice Chairman of Amtek Auto. The company did n… Read the full article…