The fiscal situation in Greece is very dire. Greek Prime Minister George Papandreou introduced drastic austerity measures where both government spending were slashed and taxes were raised. Both of ...
Greece and its financial rescue creditors are struggling to agree on the terms to get more loans to the country. Without a deal, Greece could default on its debts as soon as Tuesday, which could ...
The US is projected to see its debt surge to 143% of national income by 2030, while Italy’s stays flat and Greece manages to ...
US debt crisis is spiraling. For the first time in 100 years, Americas debt burden is projected to exceed Italy and Greece, ...
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Greece climbed out, Italy stabilized — but U.S. plunges deeper into debt abyss, says IMF
The United States is seeing its fastest-ever rise in national debt, according to a new report from the International Monetary ...
According to new forecasts from the International Monetary Fund (IMF), America’s debt—which recently surpassed $38 ...
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ATHENS, Greece (AP) — Greece’s center-right government on Saturday welcomed a credit rating upgrade by Moody’s, the last major ratings agency to lift junk status on government bonds that began 15 ...
(Reuters) - European finance ministers discussed Greece's debt crisis on Friday but said Athens was seeking to clarify how an emergency aid mechanism would work, rather than requesting it. Here is a ...
(Reuters) - Greek assets took a battering on Tuesday after newspaper reports cast doubt on Greece's ability to make it through an April/May redemption period without turning to an EU/IMF bailout. Here ...
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