ATHENS/LONDON Greece is pushing its creditors to fix the borrowing costs on its massive debt pile at current low levels in a bid to save millions of euros in coupon payments if interest rates rise. The priority is to fix the repayments on the largest chunk of the 228 billion euros owed to official…
ECB executive Benoit Coeure meeting with Greek President Prokopis Pavlopoulos in Athens on Monday.ens A top European finance official on Monday urged Greeces bailout lenders to grant the country relief on its massive debts if Athens agrees to impose tougher budget austerity measures. European Central Bank executive Benoit Coeure said the ECB was looking…
By Associated Press Published: 01:35 +11:00, 29 November 2016 | Updated: 01:35 +11:00, 29 November 2016 e-mail ATHENS, Greece (AP) A top European finance official on Monday urged Greece’s bailout lenders to grant the country relief on its massive debts if Athens agrees to impose tougher budget austerity measures. European Central Bank executive Benoit Coeure…
Gershon Mesika, the state witness in a corruption affair involving former senior Yisrael Beytenu officials, has told police investigators that former deputy minister Faina Kirschenbaum had asked him for a NIS 1.5 million commission in return for NIS 3.5 million to pay off his debts. “This is a sensitive topic.…
* Officials “desperate” to swap floating-rate debt for fixed * Without swap, Greece faces Sisyphean task, govt source says * Banks asked for quotes on the cost of swap as talks intensify * Greek debt relief expected to dominate Dec. 5 Eurogroup meet * IMF recommends swap but acknowledges political challenges By George Georgiopoulos and…
If youre drowning in debt you cant repay, your financial future might look bleak. However, you have several options that could help you reduce or eliminate your debt entirely. Depending on your situation, debt settlement might provide the help you need. A debt settlement company aims to get your creditors to accept a lower amount than you…
National Debt Relief recently shared in an article published November 20, 2016 some very helpful ways consumers can deal with bad credit. The article titled “Bad Credit? Fixing It Isn’t Impossible if You Use These Three Tips” shares tips to help consumers get out of a bad credit situation. Dallas, TX (PRWEB) November 27, 2016…
Share this: Prime Minister Narendra Modi listens to finance minister Arun Jaitley during the Global Business Summit in New Delhi January 16, 2015. Credit: Reuters/Anindito Mukherjee Indias government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it…
Unscrupulous payday loan companies are pushing debt onto homeless teenagers including those with learning difficulties, and hounding them for repayment, a charity has warned. A 19-year-old with learning difficulties was among those bombarded with aggressive text messages demanding he pay up, the youth homelessness charity Centrepoint said. Despite Centrepoint staff estimating that the Bradford teenager had…
Greece’s battered banks are being asked to swap about 33 billion ($47 billion) in floating-rate bonds for 30-year, fixed-rate securities under a euro-area plan to shield Athens from future interest rate increases, three people with knowledge of the matter said. The swap is part of a package of debt-relief proposals for Greece to be presented…