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GREEK FINANCE MINISTER HERALDS FURTHER AUSTERITY MOVES
(AGI) Athens - Finance minister Venizelos says Greece must implement additional austerity measures if it is to avoid bankruptcy. Minister Evangelos Venizelos spoke prior to today's cabinet meetings, during which the government is expected to discuss
Updated: 09/21/2011 05:16A
Kreenholm's bankruptcy estate finds a potential buyer
The bankruptcy estate of the formerly largest Estonian textiles industry Kreenholm is eyed by a company called firma New Krenholm Holding O, National Broadcasting's Russian news portal reports. Kreenholm went bankrupt in November 2010 and there were
Updated: 09/21/2011 04:58A
Greece must take additional austerity steps-finmin
ATHENS, Sept 21 (Reuters) - Greece must take more austerity measures, Finance Minister Evangelos Venizelos said on Wednesday ahead of a cabinet meeting expected to announce public sector layoffs and tax rises to secure an EU/IMF aid tranche Athens
Updated: 09/21/2011 04:49A
Creditors ignoring church's efforts
A bankruptcy judge has agreed to continue with the plans to sell California's Crystal Cathedral, despite church officials' hopes of avoiding bankruptcy by raising the needed funds. Creditors for the Garden Grove mega-church will vote on a bankruptcy
Updated: 09/21/2011 04:49A
Warner Co. Jewelers Declares Chapter 11 Bankruptcy
A longtime Valley business is still trying to trudge through our difficult economy and on Tuesday filed Chapter 11 bankruptcy protection so creditors would not totally liquidate the store. Warner Co. Jewelers says Westamerica Bank filed a lawsuit
Updated: 09/21/2011 04:45A
Beverly studios celebrate opening
"I think hair-cutting is an art," Modisett said. Real estate agent George Vernet of Salem bought the old Redbrick building after looking at it for two years. "It is a unique property with a mixture of residential condominiums, artist studios and retail
Updated: 09/21/2011 04:41A
Greece to announce austerity measures later
ATHENS - The Greek government will make announcements later on Wednesday on austerity measures it is discussing with its international lenders to save the country from bankruptcy, a government spokesman said. The statements are expected to be made
Updated: 09/21/2011 04:40A
DigiNotar certificate authority declares bankruptcy
DigiNotar filed for bankruptcy yesterday and a Dutch court approved the filing today. Trustees were appointed to liquidate its assets, according to a statement by DigiNotar's parent company, Vasco. The industry has been running from DigiNotar since the
Updated: 09/21/2011 04:27A
Blackmail jury told of property tycoon Simon Morris's 'revenge'
A Yorkshire property mogul facing bankruptcy over creditors' claims totalling £3.5m ordered a 21½-stone bodyguard to intimidate his former business partner into repaying a loan, a blackmail trial heard. Simon Morris, who is said to have
Updated: 09/21/2011 04:25A
Greece to announce new measures
The Greek government will make announcements later on Wednesday on austerity measures it is discussing with its international lenders to save the country from bankruptcy, a government spokesman said. The statements are expected to be made after a
Updated: 09/21/2011 04:22A
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