Battle With Creditors
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Force India Formula 1 Team To Continue Operations Amidst Financial Turmoil
The Force India Formula 1 team co-owned by Vijay Mallya has been in deep financial trouble for a while now. With rumours of the team shutting down day-to-day operations, Sergio Perez, one of the current drivers approached courts in the United Kingdom. His move was prompted by the fact that last Wednesday (July 25, 2018), one of the creditors who is...
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Greek Prime Minister Vows No Retreat in 'Battle' with Creditors
Greece's Prime Minister Alexis Tsipras, today, vowed not to back down in his "battle" with the country's creditors, in line with his election promise to abandon austerity and avoid a third bailout.
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New Greek Government Steps Up Battle With Creditors
Greece's new government dramatically escalated its battle with the country's international creditors on Friday, refusing to meet the EU and IMF officials and rejecting fresh loans offered for February.
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Argentina's Debt Fight: What it is, Why it Matters
Time to resolve Argentina's long battle with creditors is running out. Argentina owes an interest payment to the majority of its creditors on Monday, though the government has a 30-day grace period after that to avoid going into another catastrophic default.
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Force India Formula 1 Team To Continue Operations Amidst Financial Turmoil
The Force India Formula 1 team co-owned by Vijay Mallya has been in deep financial trouble for a while now. With rumours of the team shutting down day-to-day operations, Sergio Perez, one of the current drivers approached courts in the United Kingdom. His move was prompted by the fact that last Wednesday (July 25, 2018), one of the creditors who is...
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Greek Prime Minister Vows No Retreat in 'Battle' with Creditors
Greece's Prime Minister Alexis Tsipras, today, vowed not to back down in his "battle" with the country's creditors, in line with his election promise to abandon austerity and avoid a third bailout.
-
New Greek Government Steps Up Battle With Creditors
Greece's new government dramatically escalated its battle with the country's international creditors on Friday, refusing to meet the EU and IMF officials and rejecting fresh loans offered for February.
-
Argentina's Debt Fight: What it is, Why it Matters
Time to resolve Argentina's long battle with creditors is running out. Argentina owes an interest payment to the majority of its creditors on Monday, though the government has a 30-day grace period after that to avoid going into another catastrophic default.
