CHICAGO – 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.
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Euro ministers press Greece to tackle debt hard (The Malaysian Insider)
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 …
Euro ministers firm on Greek debt (Reuters via Yahoo! UK & Ireland News)
Greece received a stern message over its bloated debt on Monday 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.
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