Europe

Results for Europe

Ukraine Sees Early Debt Restructuring After Ukreximbank Deal

Ukraine on Tuesday expressed confidence it would complete a debt restructuring to clear the way for fresh IMF aid next month after state-run Ukreximbank tied up a deal with a bondholders' committee to extend maturities on $1.5 billion of Eurobonds, ...

Daily Headline - global.abi.org - 05/26/2015 - 20:54 - 0 comments

Greek Default Nerves Risk Eclipsing Germany’s Dresden G-7 Agenda

When the world’s top finance ministers and central-bank chiefs meet in Dresden this week, they may struggle to stick to an agenda set by their German hosts that doesn’t mention Greece, Bloomberg News reported. The Group of Seven meeting starting on Wedne ...

Daily Headline - global.abi.org - 05/26/2015 - 20:54 - 0 comments

Romania’s Hidroelectrica Remains In Insolvency Despite Record Profits

lost about USD 1.4 billion over six years due to those unfavorable long-term contracts, which it ...

Daily Headline - global.abi.org - 05/26/2015 - 20:56 - 0 comments

French Corporate Insolvencies Decline As Economy Picks Up Steam

which in the first three months of 2015 saw GDP growth of 0.6 percent - surpassing market expectations for a 0.4 percent expansion and the fastest growth rate for two years. The fall came despite a ...

Daily Headline - global.abi.org - 05/26/2015 - 20:56 - 0 comments

RBS To Sell Portfolio Of Ulster Bank Loans In Northern Ireland For £205 Million

Royal Bank of Scotland announced yesterday that it has agreed to sell a portfolio of Ulster Bank loans in Northern Ireland to an entity affiliated with Cerberus Capital Management, the Irish Times reported. It said the disposal of this portfolio repr ...

Daily Headline - global.abi.org - 05/26/2015 - 21:33 - 0 comments

Banco Popular To Sell €451 Million Worth Of Spanish Property

zoned land in 10 regions across Spain valued at €103.4 million and 13 hotels valued at €47.2 million, ... Investment in Spanish property jumped to €17.8 billion last year from €4.9 billion euros in 2013, according ...

Daily Headline - global.abi.org - 05/25/2015 - 22:44 - 0 comments

Commerzbank Bouncing Back With Planned Dividend Payout

raisings. According to analysts at Citi, Commerzbank has raised $17.4 billion in equity since 2010 – more ...

Daily Headline - global.abi.org - 05/25/2015 - 22:45 - 0 comments

In Britain, Libor-Rigging Conspiracy Case Is Also a Test for Regulators

Banks have paid billions. Regulators and prosecutors have extracted guilty pleas from financial institutions. Dozens of employees have been fired, and at least one chief executive has lost his job. Now, on Tuesday, the first trader in the sprawling, half ...

Daily Headline - global.abi.org - 05/25/2015 - 22:46 - 0 comments

With Money Drying Up, Greece Is All but Bankrupt

Bulldozers lie abandoned on city streets. Exhausted surgeons operate through the night. And the wealthy bail out broke police departments. A nearly bankrupt Greece is taking desperate measures to preserve cash. Absent a last-minute deal with its creditor ...

Daily Headline - global.abi.org - 05/25/2015 - 22:47 - 0 comments

Banks Are Given Until July 1st To Reduce Their Rates

Some 300,000 people with standard variable rate (SVR) home loans look set to benefit from reduced monthly mortgage payments from July, the Irish Times reported. Minister for Finance Michael Noonan met this week with the country’s main six lenders – A ...

Daily Headline - global.abi.org - 05/25/2015 - 22:48 - 0 comments

Syndicate content