Banks are set to lose almost three-quarters of the value of their Greek government bonds under a deal agreed early...
debt News
The Federal Emergency Management Agency is implementing a plan to waive debts for thousands of victims of Hurricane Katrina and...
Organized crime has tightened its grip on the Italian economy during the economic crisis, making the Mafia the country’s biggest...
A.M. Best has taken the somewhat unusual step of issuing a comment on its downgrading of the issuer credit ratings...
Following its announcements, made earlier this week, A.M. Best Europe – Rating Services Limited is continuing to take rating actions...
As a result of the continued negative developments regarding the euro zone sovereign debt crisis, A.M. Best Europe – Rating...
A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘A++’...
Europe’s “no pain no gain” attitude to solving its sovereign crisis risks exacerbating the bloc’s problems, choking off the very...
Europe divided on Friday in a historic rift over building a fiscal union to preserve the euro, with a large...
From credit bottlenecks in Eastern Europe to slower growth in China, delays in tackling the euro zone’s debt crisis are...