BRUSSELS, Jan 19 — Greece received a stern message over its bloated debt yesterday when Germany and other euro zone countries said it was up to Athens to sort out the problem, even if it could count on their backing. With financial markets fretting over Greece’s ability to service one of Europe’s biggest sovereign debts, the warning came from German Finance Minister Wolfgang Schaeuble and others …
Credit Card Debt Relief Options Explained by TotalDebtRelief.net (Marketwire via Yahoo! Finance)
CHICAGO, IL–(Marketwire – 01/18/10) – Credit card debt continues to be a serious issue facing a growing number of Americans. One could argue that the U.S. economy itself is entirely built on the premise of consumer spending and consumer debt. Yet credit card debt can quickly spiral out of control, particularly during the Christmas shopping season. And now it’s time to pay the piper. The damage …
MediaNews holding company restructures debt (Daily Breeze)
The holding company that owns the Daily Breeze, Los Angeles Daily News and Long Beach Press-Telegram has agreed to restructure $930 million in debt, the Denver-based firm announced late Friday.
Deutsche Bank Says Buy Irish Bonds Versus Spanish Debt on Growth (Bloomberg)
Jan. 18 (Bloomberg) — Investors should buy Irish 10-year government bonds and sell Spanish securities because Ireland has less debt to sell the rest of this year and its exports may help the economy grow faster, Deutsche Bank AG said.
MediaNews Group, lenders agree to debt restructure; Daily News-Miner not affected in plan (Fairbanks Daily News-Miner)
DENVER — Affiliated Media Inc., the holding company for MediaNews Group, and its lenders have agreed on a plan to restructure $930 million in debt, the Denver-based company announced on Friday. …
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