Finmin urges fiscal consolidation, debt cap
The government should start fiscal consolidation beginning in April by reforming spending, eliminating its revenue deficit, and putting a cap on government debt, a finance ministry report said on Thursday.
Debt Consolidation & Your Credit Report: The Correlation Explained (Marketwire)
With Debt Being a Part of Everyday Life for Most Americans, Consumer Advocate TotalDebtRelief.net Breaks Down the Effect Which Debt Consolidation Has on One’s Credit Report
Credit Card Debt Relief Options Explained by TotalDebtRelief.net
CHICAGO, IL–(Marketwire – 01/18/10) – Credit card debt continues to be a serious issue facing a growing number of Americans. One could argue that the U.S. economy itself is entirely built on the premise of consumer spending and consumer debt. Yet credit card debt can quickly spiral out of control, particularly during the Christmas shopping season. And now it’s time to pay the piper. The damage …
MediaNews holding company restructures debt (Daily Breeze)
The holding company that owns the Daily Breeze, Los Angeles Daily News and Long Beach Press-Telegram has agreed to restructure $930 million in debt, the Denver-based firm announced late Friday.
Deutsche Bank Says Buy Irish Bonds Versus Spanish Debt on Growth (Bloomberg)
Jan. 18 (Bloomberg) — Investors should buy Irish 10-year government bonds and sell Spanish securities because Ireland has less debt to sell the rest of this year and its exports may help the economy grow faster, Deutsche Bank AG said.
UPDATE: UK Lawmakers Seek Clarity On Government Debt Reduction Plan (Fox News)
UPDATE: UK Lawmakers Seek Clarity On Government Debt Reduction Plan
UPDATE: UK Lawmakers Seek Clarity On Government Debt Reduction Plan (Nasdaq)
LONDON -(Dow Jones)- A key committee of U.K. lawmakers has urged the government to provide greater clarity on its debt-reduction plans, adding to the pressure on the treasury to step up its fiscal-consolidation efforts.
French public debt hits record (Malaysian Mirror)
PARIS – France’s public debt soared to a record 75.8 percent of output in the third quarter, official figures showed Wednesday, a week after Paris got a warning on its credit standing. Read more…
French public debt hits record (AFP via Yahoo! News)
France’s public debt soared to a record 75.8 percent of output in the third quarter, official figures showed Wednesday, a week after Paris got a warning on its credit standing.
EU ready to help Greece in debt consolidation: Almunia (People’s Daily)
European Union top economic official said that the EU is ready to help Greece in consolidation and reform programs to head off concerns triggered by the sovereign credit rating decline by rating agency Fitch. “We take note of the fact that the sustainability of public finances in Greece draws the attention of financial markets and rating agencies,” Economic and Monetary Affairs Commissioner …
