Roadmap in 6 months to cut public debt

The government plans to come out with the first-ever roadmap within six months for reducing public debt, which has been rising after the exchequer got a hit due to stimulus packages.

Treasurer Dean Martin: Consolidate state debt (The Arizona Republic)

State Treasurer has a plan to consolidate state debt, pull out some quick cash and avoid further budget cuts and tax hikes. But the plan drew immediate fire from Gov. Jan Brewer and requires legislative and voter approval.

Hungarian Debt Costs May Fall as Rate Cuts End, Borbely Says

Feb. 26 (Bloomberg) — Yields on Hungary’s longer-maturity government bonds have room to decline even as the central bank may be close to ending its series of interest-rate cuts, a top official at the state debt agency said.

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

Make a vow: No new debt (MSN Money)

To dig yourself out of runaway debt, you must change your spending behavior. First put away your credit cards, then follow a 5-point plan to get back on track.

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…

Prisa Debt Talks With Banks Are ‘Very Advanced’ (Update2) (Bloomberg)

Dec. 21 (Bloomberg) — Promotora de Informaciones SA , Spain’s largest media group, said talks to refinance about 5 billion euros ($7.2 billion) of debt are “very advanced” after it completed a plan to sell assets.

The Holidays & Credit Cards — Consumers Need Be Cautious When Gift Shopping, Advises Total Debt Relief (Marketwire)

The Holidays Can Be a Time for Family, Friends, Gift-Giving and Avoiding Credit Card Debt

Putin Seeks Consolidation For Petrochemicals Sector (St. Petersburg Times)

MOSCOW — The government will encourage consolidation in the petrochemicals industry because it is too fragmented to become globally competitive, Prime Minister Vladimir Putin said late Tuesday, Reuters reported.

Is it wise to consolidate credit card debt? (Investopedia)

Is it wise to consolidate credit card debt? In most cases, credit card consolidation is a wise decision if you are able to get a lower interest rate with the new company at no or minimal cost to you.

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