Chancellor Angela Merkel rebuffed pressure on Thursday for Germany, Europe’s most powerful economy, to underwrite debt or guarantee bank deposits...
debt News
Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a...

“Over the next 18 months it’s estimated that Ireland will spend 100 million euros (app. $125 million) on preparations for...
In many ways Ireland is a “microcosm for Europe,” said Danny McCoy, the Director General of the Irish Business &...
Gripped by fears that Europe’s debt crisis is driving the world economy into a ditch, companies are delaying plans to...
Standard & Poor’s cut India’s credit rating outlook on Wednesday to negative from stable, reflecting the toll that hefty fiscal...
A.M. Best Co. has assigned a debt rating of “a+” to the recently issued CHF 320 million [$350 million] 7.25...

The global economy has stepped back from the brink of danger and signs of stabilization are emerging from the euro...
An Indian government company with more than a quarter of a billion customers has once again dug into its pockets...
Greece averted the immediate risk of an uncontrolled default, winning strong acceptance from its private creditors for a bond swap...