BREAKING NEWS

Debt crisis

Showing 11 results for 'debt-crisis'

Articles (x) Videos (x)

Business

Difficult austerity vote is key to more Greek bailout cash

With Greece fast running out of money and loan repayment deadlines looming, the parliament is heading towards another austerity vote - a major test for Prime Minister Alexis Tsipras.

With Greece fast running out of money and loan repayment deadlines looming, the parliament is heading towards another austerity vote - a major test for Prime Minister Alexis Tsipras.

News

Greek parliament votes through austerity tax and pension reforms

After two day’s of debate in Greece’s parliament, MPs voted on Sunday evening to pass a controversial austerity package. The reforms, which will see

After two day’s of debate in Greece’s parliament, MPs voted on Sunday evening to pass a controversial austerity package. The reforms, which will see

Business

Argentina passes deal ending debt battle with hedge funds

After a drawn-out debate, Argentina’s Senate approved a deal that should put an end to a 14-year-old dispute with U.S. creditors over the nation’s

After a drawn-out debate, Argentina’s Senate approved a deal that should put an end to a 14-year-old dispute with U.S. creditors over the nation’s

News

Argentina strikes deal with US 'holdout' creditors

Argentina agrees in principle to a deal with US hedge funds ending a 15-year-old dispute over repayment of billions of dollars worth of bonds.

Argentina agrees in principle to a deal with US hedge funds ending a 15-year-old dispute over repayment of billions of dollars worth of bonds.

Business

As oil prices slide, Venezuela raises fuel prices by up to 6,000%, devalues currency

With his country mired in an economic crisis because of very low oil prices Venezuela's President Nicolás Maduro has devalued the currency and massively raised heavily subsidised fuel prices.

With his country mired in an economic crisis because of very low oil prices Venezuela's President Nicolás Maduro has devalued the currency and massively raised heavily subsidised fuel prices.

Europe

EU auditors slam 'weak' Commission over bailouts

The European Commission’s handling of some bailouts for crisis-hit countries was “generally weak” and inconsistent, according to a new report

The European Commission’s handling of some bailouts for crisis-hit countries was “generally weak” and inconsistent, according to a new report

News

No money for Moscow as Ukraine refuses to repay $3bn to Russia

Ukraine says it will not repay the $3bn debt owned by Russia due this weekend. Kyiv claims Moscow has refused to discuss restructuring proposals

Ukraine says it will not repay the $3bn debt owned by Russia due this weekend. Kyiv claims Moscow has refused to discuss restructuring proposals