Photo Riot police in Athens. Thousands of people marched across Greece in February to protest changes in pensions. Credit Aris Messinis/Agence France-Presse Getty Images BRUSSELS The International Monetary Fund is increasing demands for Greek debt relief, setting up another potential standoff with creditors over the countrys bailout, and threatening to create more political and economic…
In just a few days, thousands of young adults will receive their college diploma, a firm handshake and a few last words of wisdom before they set off to achieve the American Dream. But for many, those dreams are often put on hold because of staggering student loan debt. … Read the full article at:…
ATHENS Greece expects euro zone finance ministers to focus on short- and medium-term debt relief for Athens when they meet on May 24, government spokeswoman Olga Gerovasili said on Tuesday. Finance ministers from the shared currency bloc are expected to assess next week whether Greece qualifies for new bailout loans and to discuss debt restructuring.…
Greek Prime Minister Alexis Tsipras (C) and government spokeswoman Olga Gerovasili arrive for the swearing-in ceremony of his government at the Presidential Palace in Athens, Greece, September 23, 2015. Reuters/Alkis Konstantinidis Greece expects euro zone finance ministers to focus on short- and medium-term debt relief for Athens when they meet on May 24, government spokeswoman…
By Dani Kass Law360, New York (May 13, 2016, 6:28 PM ET) — A married couple the Federal Trade Commission accused of running businesses that claimed to help people relieve their student debt and mortgages but then didnt follow through or return upfront fees were hit with a suspended $2.3 million judgement and ordered to…
Updated May 17, 2016 3:28 a.m. ET BERLINThe International Monetary Fund is pressing the eurozone to let Greece skip paying interest or principal on bailout loans until 2040, say officials familiar with the talks. The IMF wants the loans to Greece to fall due gradually in the following decades, and as late as 2080, according…
Options? In advance of MONDAY’s trial in its suit against bondholders seeking to declare it in default and accelerate bond payments, iHEARTMEDIA filed a disclosure statement with the SEC detailing proposals on the table at mediation that have been submitted by the bondholders and iHEART. In…
Reuters, 14/05 16:43 CET ATHENS (Reuters) Greece aims to tap bond markets next year, Prime Minister Alexis Tsipras told a Greek newspaper on Saturday, after Athens started talks with creditors earlier this week on how to make the countrys debt burden more manageable. Cut off from global credit markets since 2014, Greece signed up to…
Greek deputy PM Yannis Dragasakis with comments published this morning 14 May 2016 Greece wants a debt relief deal which will help the country access debt markets in 2017 and allow for sustainable primary budget surpluses debt relied deal should also include a “road map” which will spell out future moves. Reuters reporting that Dragasakis…
Newly appointed Greek Deputy Prime Minister Yannis Dragasakis smiles during a swearing in ceremony at the presidential palace in Athens January 27, 2015. Reuters/Yannis Behrakis Greece wants a debt relief deal which will help the country access debt markets in 2017 and allow for sustainable primary budget surpluses, the country’s deputy prime minister said in…