Tag: external debt
Greece repays aid loans early
Athens The Greek government wants to raise the country’s bonds above junk levels again. (Photo: Bloomberg) Athens The new Greek economy and finance minister Kostis Chatzidakis wants to open the…
heating rebel? This is how FDP MP Schäffler fights against the GEG
Berlin The chimney sweep recently visited Frank Schäffler. The FDP member of the Bundestag asked him what he would have to invest in his house in Bünde in East Westphalia…
Debt crisis: US President Biden signs debt law
Joe Biden The US President signed the law. (Photo: IMAGO/UPI Photo) Washington US President Joe Biden has signed legislation temporarily suspending the US government debt ceiling. This was announced by…
Fitch leaves US credit outlook negative
Rating agency Fitch The rating agency leaves the outlook for the USA negative. (Photo: dpa) Washington The rating agency Fitch continues to threaten the world’s largest economy, the USA, with…
Emerging and developing countries are threatened with a “wall of debt” of 39 billion dollars
Dusseldorf Around $30 billion: That is the sum of the debt that the 160 emerging and developing countries will have to refinance in 2024 alone. In 2025, according to an…
Fitch threatens to downgrade USA’s top rating
U.S. dollar Without an agreement on the debt ceiling, the United States is threatened with default. (Photo: Reuters) Washington, NY The rating agency Fitch takes a somewhat more critical view…
IMF only expects low growth rates in Germany for years to come
Christian Lindner The Federal Minister of Finance has warned the other ministries to be frugal. (Photo: Reuters) Berlin For Christian Lindner (FDP), reading begins pleasantly. In the latest country report…
According to the IMF, Ukraine needs at least 115 billion dollars – who should pay for the aid?
Berlin, Niigata Ukraine’s President Volodymyr Zelensky is expected in Berlin at the weekend. The meetings with Chancellor Olaf Scholz (SPD) will be about further help for the war-torn country. A…
Greece pushes debt ratio
Athens Most EU countries significantly reduced their public debt ratios in the past year. According to the statistics authority Eurostat, the decline in 2022 in the euro area was 3.9…
Argentina can’t find a way out of the price crisis
Salvador Argentina will not come out of the crisis. On the contrary: In the past twelve months, inflation in the South American country has exceeded 100 percent for the first…
World Bank warns of weak growth until 2030
Port in east China’s Nanjing How to absorb China’s contribution to global growth? (Photo: dpa) Washington The World Bank gives a pessimistic outlook on the global economy. Almost all trends…
DZ Bank warns of a “vicious circle” in Italy
Giorgia Meloni The right-wing politician has led the Italian government since October. (Photo: Reuters) Frankfurt The Italian government threatens to lose control of the national debt. This is the result…
New aid package for Ukraine with IMF in the works
Christian Lindner in Bangalore The Federal Minister of Finance now sees it as the turn of other states to provide financial support to Ukraine. (Photo: IMAGO/photothek) Bangalore The finance ministers…
The fear of a global debt crisis is increasing
G20 meeting in Bangalore The finance ministers of the G20 will jointly discuss the debt crises in several countries. (Photo: AP) Berlin, Bombay The finance ministers and central bank governors…
Pakistan is hoping for the IMF as a last resort
Man with donkey cart near Sehwan in Pakistan Pakistan is still struggling with the aftermath of the devastating floods of September 2022. (Photo: Reuters) Bangkok The containers in the port…
Argentina and Brazil want a common currency for South America
A statement that has made international headlines ever since. Because this could create the world’s largest monetary union after the EU – should all Latin American countries adopt the currency.…
Erdogan indirectly threatens Athens with rocket attack
The Turkish President Recep Tayyip Erdogan indirectly threatened the NATO partner Greece. (Photo: IMAGO/APAimages) Istanbul Turkish President Recep Tayyip Erdogan has indirectly threatened a missile attack in the dispute over…
Federal government squints at chief post at the monetary fund
IMF chief Kristalina Georgiewa at the G20 summit in Bali The Bulgarian will vacate her post at the Monetary Fund in autumn 2024. If the federal government has its way,…
Greece’s credit rating: Investment grade rating delayed
Greece Greek debt securities are still classified as “non-investment grade” by the major rating agencies. (Photo: dpa) Athens Greek Finance Minister Christos Staikouras is feeling the effects of rising interest…
Global economic outlook ‘bleak’ according to IMF
New York skyline The outlook for the global economy is bleak. (Photo: AP) Washington According to the International Monetary Fund (IMF), the prospects for the global economy are even worse…