PGN, a subsidiary of Pertamina, Loss of IDR 3.8 Trillion. Page all

PGN, a subsidiary of Pertamina, Loss of IDR 3.8 Trillion. Page all

JAKARTA, KOMPAS.com – PT National gas Company Tbk or PGN which is a subsidiary of PT Pertamina (Persero), listed loss amounting to 264.77 million US dollars or around Rp. 3.8 trillion (exchange rate of Rp. 14,600). Quoted from PGN’s financial report released through the Information Disclosure of the Indonesia Stock Exchange (IDX), Sunday (11/4/2021), PGN’s … Read more

Zaragoza continues to be the big city with the most debt per inhabitant and barely reduced it in 2020

Zaragoza continues to be the big city with the most debt per inhabitant and barely reduced it in 2020

Zaragoza slowed down the rate of debt reduction in the year of the covid-19 pandemic. The drop in income, the lack of state aid and the burden borne by the City Council for pending convictions stopped the process of absorbing the long-term debt in which the city has been embarking since it reached its historical … Read more

The Covid crisis triggers the public deficit from 2.8% to 10.97% of GDP | Economy

The Covid crisis triggers the public deficit from 2.8% to 10.97% of GDP |  Economy

Facing the Covid-19 crisis has multiplied the budget deficit of the Spanish public accounts from 2.86% at the end of 2019 to 10.9% at the end of 2020. An increase of 87,435 million euros, reaching 123,072 million, as detailed this Monday by the Minister of Finance, and spokesperson for the Executive, María Jesús Montero, at … Read more

The bank could assume 1,300 million in ICO loan write-offs | Companies

The bank could assume 1,300 million in ICO loan write-offs |  Companies

The credit rating agency S&P does not believe that the new line of 3,000 million for the restructuring of the financial debt of companies foreseen in the aid package approved by the Government is disturbing for the Spanish banking sector. The agency has indicated in an analysis of the 11,000 million aid plan for SMEs … Read more

Gersul uses a loan to pay off half of the debt it has dragged on since 2009

Gersul uses a loan to pay off half of the debt it has dragged on since 2009

The government of the Diputación de León begins to release cargo from the backpack that it inherited from previous executives. In this process of releasing ballast, the payment of Gersul’s debt can be included, which the consortium had contracted with the company that manages the garbage for unpaid invoices in 2009 and 2010. Gersul made … Read more

Only two dissenting voices: Numerous question marks remain – Hof

Only two dissenting voices: Numerous question marks remain – Hof

Peter Fischer also referred to the debt reduction in the core budget. And at the end of his budget overview, he dared an optimistic outlook: “From 2023 we are assuming that we will be able to show the minimum allocation again.” This also appears necessary because in 2022 the general reserve will be used up. … Read more

The corporate debt party will survive the storm | Opinion

The corporate debt party will survive the storm |  Opinion

Rising government debt yields are driving up corporate borrowing costs. While this could dampen the buzz in the $ 40 trillion global credit markets, it won’t end the party. The deployment of vaccines and US President Joe Biden’s $ 1.9 trillion stimulus package are raising expectations for growth and inflation. As a result, the yield … Read more

Credits to refinance debt double and those destined to buy a car fall

Credits to refinance debt double and those destined to buy a car fall

About 20% of Spaniards have the intention to request a loan to refinance debts, compared to 10% in June, according to the Second Barometer of consumer loans prepared by Asufin. Likewise, Spaniards who intend to request a loan at the moment have gone from 14.2% to 19.2%, and among them, 53.6% is oriented to the … Read more

Only then helped Pengcha uncover the debt black hole!Wu Danru reads the news “Fearest 1 Idea”: The loopholes will continue to expand

Only then helped Pengcha uncover the debt black hole!Wu Danru reads the news “Fearest 1 Idea”: The loopholes will continue to expand

(Photo/Flip from Wu Danru’s Facebook) – — A+ A- The well-known host Wu Danru always gives the impression of being intellectual and full of wisdom. Recently, she invited the artist Peng Chacha to come to Podcast to discuss debt issues, and sincerely helped him calculate why he owed 200 million yuan, and also helped him … Read more