European Debt

Some $321 billion worth of U.S. and European speculative-grade debt is due for refinancing over the next 12-14 months.

Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis.

European Central Bank (ECB) will pull the plug on years of stimulus on Thursday and signal a string of rate hikes to fight surging inflation

Germany's finance minister today ruled out any joint EU borrowing to help cover the massive cost of rebuilding war-scarred Ukraine, after the idea was floated by top European officials.

The European Commission fined top banks including UBS and Unicredit a total of 371 million euros ($452 million) on Thursday for running a bond-trading cartel during the worst years of the eurozone debt crisis.

More than 400 lawmakers from 34 countries have signed a letter to Amazon boss Jeff Bezos backing a campaign that claims the tech giant has "dodged and dismissed… debts to workers, societies, and the planet."

The consortium took 99.93 percent of the club's shares and also bought out its debt, which stood at 220 million euros on June 30, 2016.

The protest strike in Greece was called by the main public and private sector unions a day before parliament was due to vote on reforms that would unlock the next tranche of funds from an 86 billion euro bailout.

Addressing the debt burden of the beleaguered nation will require "significant debt relief" from European institutions, the IMF said in its annual report on the Greek economy, which includes a debt sustainability analysis.

Barack Obama arrived in Greece on Tuesday on his last European tour as US president, and Athens said it held out hope that he will use his clout to help persuade the country's creditors to forgive some of its monumental debt.

The Debt Recovery Tribunal directed European aircraft manufacturer Airbus to deposit with it Rs 192.51 crore toward pre-delivery payment made by a consortium of banks for purchase of planes by now defunct Kingfisher Airlines controlled by Vijay Mallya.

After 18 consecutive months of buying government bonds to pump up the economy and raise inflation, the European Central Bank's holdings hit a landmark last week - 1 trillion euros ($1.12 trillion.

The European Commission's ruling that Apple Inc should pay up to 13 billion euros of back-dated taxes could help Ireland reduce its debt significantly but may undermine its government, Standard & Poor's told Reuters on Wednesday.

The Bank of England cut interest rates for the first time since 2009 on Thursday and said it would buy 60 billion pounds of government debt to ease the blow from Britain's June 23 vote to leave the European Union.

Deutsche Bank is looking to sell at least $1 billion of shipping loans to lighten its exposure to the sector whose lenders face closer scrutiny from the European Central Bank, sources told Reuters.

Some $321 billion worth of U.S. and European speculative-grade debt is due for refinancing over the next 12-14 months.

Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis.

European Central Bank (ECB) will pull the plug on years of stimulus on Thursday and signal a string of rate hikes to fight surging inflation

Germany's finance minister today ruled out any joint EU borrowing to help cover the massive cost of rebuilding war-scarred Ukraine, after the idea was floated by top European officials.

The European Commission fined top banks including UBS and Unicredit a total of 371 million euros ($452 million) on Thursday for running a bond-trading cartel during the worst years of the eurozone debt crisis.

More than 400 lawmakers from 34 countries have signed a letter to Amazon boss Jeff Bezos backing a campaign that claims the tech giant has "dodged and dismissed… debts to workers, societies, and the planet."

The consortium took 99.93 percent of the club's shares and also bought out its debt, which stood at 220 million euros on June 30, 2016.

The protest strike in Greece was called by the main public and private sector unions a day before parliament was due to vote on reforms that would unlock the next tranche of funds from an 86 billion euro bailout.

Addressing the debt burden of the beleaguered nation will require "significant debt relief" from European institutions, the IMF said in its annual report on the Greek economy, which includes a debt sustainability analysis.

Barack Obama arrived in Greece on Tuesday on his last European tour as US president, and Athens said it held out hope that he will use his clout to help persuade the country's creditors to forgive some of its monumental debt.

The Debt Recovery Tribunal directed European aircraft manufacturer Airbus to deposit with it Rs 192.51 crore toward pre-delivery payment made by a consortium of banks for purchase of planes by now defunct Kingfisher Airlines controlled by Vijay Mallya.

After 18 consecutive months of buying government bonds to pump up the economy and raise inflation, the European Central Bank's holdings hit a landmark last week - 1 trillion euros ($1.12 trillion.

The European Commission's ruling that Apple Inc should pay up to 13 billion euros of back-dated taxes could help Ireland reduce its debt significantly but may undermine its government, Standard & Poor's told Reuters on Wednesday.

The Bank of England cut interest rates for the first time since 2009 on Thursday and said it would buy 60 billion pounds of government debt to ease the blow from Britain's June 23 vote to leave the European Union.

Deutsche Bank is looking to sell at least $1 billion of shipping loans to lighten its exposure to the sector whose lenders face closer scrutiny from the European Central Bank, sources told Reuters.