debt-sustainability
Top StoriesAustria Plans to Bring Budget Deficit Within 3% of GDP Next Year
Top StoriesStruggling Cineworld Paints Bleak Picture for Cinemas
Top StoriesMoody’s Flags Oct 21 as Crucial Date for UK Rating
Top StoriesItaly Slashes 2023 Growth Forecast but Sees Public Finances Improving
US Household Debt Is Rising — Here’s Why
Date: September 28, 2022
Although the Federal Reserve has aggressively increased interest rates since early 2022, US household debt is rising. One might expect debt to fall as interest rates rise and borrowing becomes less desirable. However, household debt for Q2 stood at more than $16.15 trillion — an increase of around $2 trillion since the start of the...
Slowing Growth Exacerbates Debt Strains, Corporate Bankruptcies Loom – Iif
Date: September 14, 2022
By Rodrigo Campos NEW YORK (Reuters) – Slowing economic growth is pushing up global debt levels, especially in emerging markets, the Institute of International Finance (IIF) said on Wednesday, warning of a significant rise in corporate bankruptcies ahead. The global debt-to-GDP ratio – a widely used measure to gauge a borrower’s ability to pay back...
Four European Countries Call for Special Treatment of Defence in EU Debt Rules – Document
Date: September 9, 2022
By Jan Strupczewski PRAGUE (Reuters) – Greece, Romania, Poland and Lithuania are urging the European Commission to give special treatment in EU debt rules to spending on defence, to help accommodate the military investment needed after the Russian invasion of Ukraine, a document showed. EU finance ministers will start discussions on how to change the...
Pain of Breaking Inflation Will Reverberate Around the Globe
Date: August 29, 2022
By Balazs Koranyi and Howard Schneider JACKSON HOLE, Wyo. (Reuters) -The message from the world’s top finance chiefs is loud and clear: rampant inflation is here to stay and taming it will take an extraordinary effort, most likely a recession with job losses and shockwaves through emerging markets. That price is still worth paying, however....
Ukraine’s Naftogaz Says Bondholders Reject Second Proposal to Suspend Debt Payments
Date: August 17, 2022
By Marc Jones LONDON (Reuters) -Ukraine’s state-owned gas company Naftogaz said on Wednesday its 2022 bondholders had rejected its latest proposal to suspend its debt payments for two years in the wake of Russia’s invasion. Naftogaz, which accounted for almost 17% of Ukraine’s total state budget revenue last year, has fallen into default after failing...
Cineworld Plunges as Lack of Blockbusters Adds to Debt Woes
Date: August 17, 2022
By Pushkala Aripaka (Reuters) -Cineworld warned on Wednesday a lack of big-budget movies was hitting admissions and would likely persist until November, potentially complicating efforts to cut debt that it warned could significantly dilute shareholder interests. Shares in the world’s second largest cinema chain slumped about 40% in early trading, as it faces payment obligations...