Articles About debt restructuring

  • The European Union and International Monetary Fund are asking Greece to push through more budget cuts and implement a series of long-agreed austerity measures before they will release a 130-billion euro bailout package the struggling country needs if it is to avoid a disorderly default...

  • Greece Hopes for Debt Swap Deal by End of January

    Greece hopes to effect a voluntary debt restructuring deal by the end of January, before the country heads into elections to replace its interim government...

  • Germany and France Pledge Bank Recapitalization

    German Chancellor Angela Merkel and French President Nicolas Sarkozy have both pledged to have a plan in place within a month to recapitalize European banks, replacing a 12-week-old rescue plan that has yet to be implemented...


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