Comments from European Commssion finance chief, Pierre Moscovici, are being seen as a clear hint that Eurogroup ministers meeting on December 5th will discuss debt relief measures to help Greece cope with the aftermath of its debt crisis. David Pollard reports. Hide Transcript View Transcript Greece’s port hub Piraeus at a standstill amid strikes over…
Ask Brianna is a Q&A column from NerdWallet for 20-somethings or anyone else starting out. Im here to help you manage your money, find a job and pay off student loans all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to [email protected]. Q: Im already…
Paul Kazarian says hes spent tens of millions of dollars mobilizing a team of a hundred analysts to scrutinize Greeces assets and liabilities. According to him, everyone else including the International Monetary Fund, the credit-rating agencies, the European Union and the Greek government itself is massively overstating the problem of the nations debt burden relative…
With the Hot Stove season at a stand still thanks to the ongoing CBA negotiations, and interesting story has developed over these last few days. It seems the Dodgers are in debt, and Major League Baseball is forcing them to sell some assets in an attempt to pay down said debt. Like any frugal shopper,…
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 creditors from…
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…