Tag: Debt
Pierre-Yves Bocquet: “The ‘Haitian debt’ (of 1825) still has effects today”
Today, May 10, is the National Day of Remembrance of Slavery, Trafficking and Their Abolitions. The opportunity to address a problem that is resurfacing in the public debate, that of…
Alstom launches a capital increase to complete its debt reduction plan
To restore its financial situation, the French railway manufacturer Alstom announced this Wednesday, May 8, an increase in its capital of around 1 billion euros. A stronger increase than expected,…
Utrecht wants to be an attractive employer by allowing civil servants to pay off student debt cheaply
Employees at the municipality of Utrecht receive an Individual Choice Budget every month, in addition to their salary. With money from that pot, about 17 percent of someone’s salary, civil…
New approval from the Court of Naples for debt restructuring
(Finance) – Il Court of Naples has approved a new agreement debt restructuring. The approval concerns a recovery plan for a company that operates under a specific ministerial concession, in…
Fortnite players used a glitch for “free” skins and are now in debt to Epic
Some Fortnite players on Xbox used a trick to get free V-Bucks. Epic Games now caught up with them and removed the currency from their accounts. As a result, many…
the country’s debt popular with investors
Investors are praising Egypt’s debt since in one month they offered $21 billion to the Egyptian Treasury, almost ten times more than the amount of bonds initially offered. The phenomenon…
Fitch agency downgrades Chinese debt sovereign rating outlook to “negative”
The Fitch rating agency lowered China’s sovereign credit outlook to negative on Wednesday April 10, citing growing risks for the country’s public finances. A decision described as “ regrettable »…
Atos’ plan to wipe out half of its debt – L’Express
Heavily indebted French IT group Atos, which presented its refinancing framework to its creditors on Monday, is seeking 1.2 billion euros and plans to convert almost half of its debt…
Joe Biden launches new plan to reduce student debt
This is one of the important issues for Democrats in this election year: student debt. Campaigning in the key state of Wisconsin this Monday, Joe Biden announced a new plan…
DEF sees the finish line: from deficit to public debt, the possible numbers
(Finance) – GDP growth for the current year at 1%, slightly lower than the 1.2% forecast in the Nadef, while for 2025 the domestic product, with current legislation, is estimated…