TransUnion: Subprime Borrowers Help Push Canadian Debt Levels Up 3% – Marketwired (press release)

TORONTO, ON–(Marketwired – May 18, 2016) –  TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report found that the average Canadian’s non-mortgage debt level rose to $21,348 in Q1 2016, up 2.7% from Q1 2015. The increase was particularly visible outside of the oil patch, with Ontario and Quebec seeing the greatest rises. Debt levels rose for…

IMF’s New Demands on Greek Debt Relief Could Rattle Creditors – New York Times

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…

Greece wants Eurogroup to focus on short-, medium-term debt relief on May 24 – Reuters UK

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.…