The following guest post is courtesy of Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luiss areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. Do you have an idea for a guest…
May 5 The Indian government on Friday tweaked rules to help tackle the record $150 billion in troubled debt accumulated in the nation’s banks. The government may authorize the Reserve Bank of India to direct banks to initiate an insolvency resolution process in the case of a default under provisions of the bankruptcy code, the…
* Handelsblatt said measures under consideration * EU source says document it cites started as ESM paper (Recasts with German finance ministry statement) May 4 No debt relief measures are being readied for Greece, Germany’s Finance Ministry said on Thursday after the Handelsblatt business daily reported measures were under consideration. The implementation of reforms that…
May 4 No debt relief measures are being readied for Greece, Germany’s Finance Ministry said on Thursday after the Handelsblatt business daily reported measures were under consideration. “No debt relief is being prepared,” the ministry said in a statement e-mailed to Reuters, adding that the implementation of reforms that Greece agreed to in return for…
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 bailout progress.Athens and its creditors reached a long-awaited deal this week on a series of bailout…
BERLIN (Reuters) – Greece’s international lenders are preparing possible debt relief measures for Athens for discussion by euro zone finance ministers, the German business daily Handelsblatt reported on Thursday. The European Commission, the ESM euro zone rescue fund, the European Central Bank and the International Monetary Fund (IMF)have prepared various debt measures in a document…
By Renee Maltezou | 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 on…
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…