debt-sustainability
Top StoriesECB Must Avoid Unnecessary Rise in Real Interest Rates – Visco
FinanceEnergy Support, Debt Interest Help to Swell UK Borrowing
Top StoriesUK’s Argo Blockchain Shares Soar on Deals to Avoid Bankruptcy
Top StoriesTelecoms Group Orange Signs Sustainability-Linked Refinancing of 6 Billion Euros Syndicated Credit Facility
Germany’s 2023 New Debt Estimate Soars as Energy Crisis Weighs
Date: November 11, 2022
By Christian Kraemer and Holger Hansen BERLIN (Reuters) -The energy crisis will push Germany to take on well over twice as much new debt next year as previously expected, officials said on Friday, saddling it with billions of euros in unplanned interest payments. The budget foresees 45.61 billion euros ($46.62 billion) in new debt in...
Global Economic Crisis Strangling Progress for Poor, Warns U.N. Development Chief
Date: November 10, 2022
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Decades of development progress are at risk as economies are pushed backward by climate change losses, the COVID-19 economic fallout, a growing cost-of-living crisis, and soaring debt and inflation, the U.N. development chief said at COP27 in Egypt. “We essentially document a regression – and...
Analysis-Twitter’s ‘massive’ Revenue Drop Adds to Heavy Debt Burden
Date: November 7, 2022
By Matt Tracy NEW YORK (Reuters) – Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took over 10 days ago underscores the precarious nature of the social media company’s finances after he saddled it with $13 billion in debt, credit experts say. Musk tweeted on Friday that Twitter was losing...
Why Secured Credit Cards Are the Solution to the New Majority Funding Gap
Date: October 12, 2022
By Elizabeth Gore, co-founder and president, Hello Alice Ask any entrepreneur about their greatest business challenge, and the answer will be access to capital or cash flow. I know this from experience. Quarter after quarter, and year after year, surveys conducted by my company, Hello Alice, reveal that lack of funding is a key barrier...
IMF Fiscal Chief Underscores Need for ‘orderly Debt Restructuring’
Date: October 12, 2022
By Andrea Shalal WASHINGTON (Reuters) – Rising debt levels and mounting fiscal pressures underscore the urgency for more “orderly debt restructuring” efforts to put low-income countries on a more sustainable path, the International Monetary Fund’s fiscal chief said on Wednesday. Fiscal Affairs Director Vitor Gaspar told reporters the problems facing low-income countries had been exacerbated...
EU’s Debt Laggards Are Hurting the Fight Against Inflation, Austria Says
Date: October 12, 2022
VIENNA (Reuters) -Excessive debt in some EU countries is hampering the fight against inflation, Austria’s finance minister said on Wednesday, adding that his country would soon press the worst offenders to get their affairs in order. Austria, a member of the EU’s self-styled “Frugal Four” alongside Denmark, Sweden and the Netherlands, has long pressured other...