Greece pays off its IMF debt two years ahead of schedule

Greece pays off its IMF debt two years ahead of schedule

Apr 5, 2022 at 1:48 am 2010 financial crisis : Greece pays off its IMF debt two years ahead of schedule – The Acropolis in the Greek capital Athens. Photo: dpa-tmn/Verena Wolff – – Athens In 2010 Greece was on the brink of bankruptcy. Billions in aid were tied to a tough austerity course. Now … Read more

International Monetary Fund approves deal with Argentina

International Monetary Fund approves deal with Argentina

International Monetary Fund (IMF) enters into $44 billion debt deal with Argentina. International Monetary Fund (IMF). Photo: Jim Lo Scalzo/EPA/dpa – dpa-infocom GmbH Ad the essentials in brief The IMF confirms a multi-billion dollar debt deal with Argentina. The deal is valued at $44 million. The Argentine parliament approved the agreement two weeks ago. The … Read more

Debts and Covid trigger renunciations of inheritances in Seville

Debts and Covid trigger renunciations of inheritances in Seville

The resignations of inheritances register a record. The mortality caused by Covid and debts of the deceased (deceased) are behind an increase of close to 30% in these rejections. This is the most outstanding data of the balance made by the Notarial College of Andalusiarelative to 2021, a year in which, in addition, the increase … Read more

Economy, trade & finance: Consumer advocates: Lending often too lax

Economy, trade & finance: Consumer advocates: Lending often too lax

– Credit without a credit check Buy now, pay later: According to consumer advocates, there is often no credit check for such financing offers. Photo: Franziska Gabbert/dpa-tmn – (Photo: dpa) – – – – “Every month, households have to raise large sums relative to their income to meet the burden of debt.” Mohn demands that … Read more

Timeout and Lee Cooper fashion stores are heading for insolvency

Timeout and Lee Cooper fashion stores are heading for insolvency

Great United Trading, which sells the Timeout, Lee Cooper, KVL and Only brands in the Czech Republic, is heading for insolvency. According to information from the insolvency register, the owners want to reorganize it. The company is constantly affected by the pandemic and owes banks and shopping centers over 600 million crowns. The news was … Read more

On average, Berliners borrowed 14,987 euros from a bank – BZ Berlin

On average, Berliners borrowed 14,987 euros from a bank – BZ Berlin

B.Z. – January 6, 2022 3:05 p.m. Updated 3:09 PM – Life on credit, which is evidently a popular activity in the capital. Because the Berliners took out an average of 14,987 euros in credit last year – that is 256 euros more than in the national comparison. By Boris Dombrowski and Sara Orlos Fernandes … Read more

Evergrande, which is in debt for $ 300 billion, has to demolish 39 of its buildings

Evergrande, which is in debt for $ 300 billion, has to demolish 39 of its buildings

The Chinese real estate company China Evergrande Group, which suffered from the crisis and sank into record debts, received another new blow. It is to demolish 39 of its buildings in a mega resort built on artificial islands off Hainan Island on China’s southern coast, world media reported. In a statement to the Hong Kong … Read more