Ukraine eyes September debt repayment freeze

Ukraine's finance ministry warned on Thursday it could declare a technical default in two months should its lenders fail to accept less stringent repayment terms and a possible partial debt write-off.

Greeks spend their locked-away euros

Use it or lose it: that`s the plan for many Greeks, who have been going on a credit card-fuelled spending spree as the economy has tanked out of fears their cash could be confiscated or devalued.

Protesters throw petrol bombs as Greek parliament debates bailout

Anti-austerity protesters hurled petrol bombs at police in front of Greece`s parliament on Wednesday as lawmakers began debating deeply unpopular reforms needed to unlock a new eurozone bailout.

Greek PM `takes responsibility` for bailout deal

Greece`s Prime Minister Alexis Tsipras said Tuesday he took responsibility for a tough bailout deal clinched with the eurozone to save the near-insolvent country, despite not believing in many of the draconian reforms it demands.

Top Greece court rules referendum can go ahead

Greece`s top administrative court ruled Friday that a weekend referendum can go ahead asking voters whether or not they support bailout conditions, rejecting a challenge by two individuals.

Ukraine says it may freeze debt payments to fund war

Ukraine`s premier warned Friday that Kiev would freeze its debt repayments if no immediate deal was found with private lenders because it had to fund its escalating campaign against pro-Russian fighters.

Greece`s Varoufakis warns against historic `failure` by EU

Greek Finance Minister Yanis Varoufakis warned Monday that EU leaders had a duty to avoid a historic "failure" and urged a swift accord in Greece`s debt talks with its creditors.

US judge orders Argentina to pay $5.2 bn to additional creditors

A US judge ordered Argentina on Friday to pay $5.2 billion to some 500 creditors seeking repayment on the same favorable terms given to other holders of the South American country`s restructured debt.

Under debt, Uttar Pradesh trader poisons self, family

Unable to clear his debt, a trader in Bulandshahr district allegedly committed suicide by consuming poison while his wife and two sons are battling for their lives in a hospital, police said on Thursday.

Intense work will continue on Greece's debt, says EC

 The European Commission (EC) has said that "intense work" will be continued to reach an agreement between Greece and international creditors over Athens` debt issues, Efe news agency reported on Thursday.

Himachal's debt Rs 33,884 crore in 2013-14

Himachal Pradesh's debt stood at a whopping Rs 33,884 crore in 2013-14 with the growth of 11 percent over the previous year, the Comptroller and Auditor General of India (CAG) said on Friday.

Former village head commits suicide over debt, crop loss in UP

A former village head allegedly committed suicide here after consuming poisonous substance over debt and crop loss in the untimely rains and hailstorm in UP, official said on Wednesday.

UP in debt burden of Rs 2.65 lakh cr

Uttar Pradesh is facing a debt burden of over Rs 2.65 lakh crore which was taken as loan from different financial institutions, the state Assembly was informed on Tuesday.

Mamata Banerjee to raise issue of debt waiver with Prime Minister

West Bengal Chief Minister Mamata Banerjee, who had sought to meet Prime Minister Narendra Modi for the first time in nine months after his assuming office, on Friday said she will raise the state's debt waiver issue with him.

Spain wants back 26 bn euros lent to Greece: Minister

Spain warned Friday it will want back 26 billion euros ($39 billion) it lent to Greece in the financial crisis, as new left-wing leaders in Athens seek to renegotiate the country`s debts.

Berlin 2024 Olympic Games plan is on thin financial ice, claims expert
Berlin 2024 Olympic Games plan is on thin financial ice, claims expert

Berlin`s potential 2024 Olympic bid could be the wrong financial decision with the city deep in debt and lacking the infrastructure to host such a global event, the German Institute for Economic Research (DIW) said on Wednesday.

Greece will seek `fair, mutually beneficial` EU deal: PM Alexis Tsipras

 Greece will seek a "fair, mutually beneficial" deal with its EU creditors on renegotiating its huge debt, newly-elected Prime Minister Alexis Tsipras said Monday.