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Greece likely to get aid tranche early November: troika
ATHENS (Reuters) - Greece is likely to receive an 8-billion euro aid tranche it needs to stave off bankruptcy in early November, EU, IMF and ECB inspectors said in a joint statement on Tuesday concluding a weeks-long review of the country's finances.
Updated: 10/11/2011 08:04A
Mick Wallace faces bankruptcy and expulsion from Irish parliament
“As a public representative, I've a large responsibility to uphold the law of the land and that's what I'm doing. I've no idea what may happen next.” An undischarged bankrupt is not permitted to sit in the Irish parliament – trade union leader Jim
Updated: 10/11/2011 08:01A
Europe crisis has reached 'systemic dimension'
VIENNA — The eurozone debt crisis has reached a systemic dimension that threatens banks and the wider economy, European Central Bank president Jean-Claude Trichet warned Tuesday, as Greece awaited approval of bailout loans it needs to avoid bankruptcy.
Updated: 10/11/2011 07:50A
Greece hit by new strikes against austerity
ATHENS — New strikes hit Greece on Tuesday as the government finalised talks with its EU-IMF creditors on additional spending cuts to secure payment of a bankruptcy-saving loan. Civil servants blocked the entrance to several ministries, teachers and
Updated: 10/11/2011 07:50A
Saab 'close to bankruptcy' as bridge loan talks drag on
The court-appointed administrator could decide as early as Tuesday to ask a court to end Saab's period of protection from creditors, according to reports in a Swedish newspaper. Photograph: Simon Stuart-Miller The administrator in charge of Saab's
Updated: 10/11/2011 07:33A
Court finds Evrosoyuz bank bankrupt
A commercial court found the Evrosoyuz commercial bank bankrupt and opened bankruptcy proceedings against the bank, the Russian Legal Information Agency (RAPSI) reported from the court on Tuesday. Evrosoyuz ranks at the bottom of the list of Russian
Updated: 10/11/2011 07:20A
Letter: Brown would make better fiscal leader
The writer Erickson praises Ms. Scalf as being courageous and wise for having to declare bankruptcy not once but twice. This writer has experienced the same difficulty as Ms. Scalf a few years ago. Erickson says these are mistakes, which defined by the
Updated: 10/11/2011 07:19A
Mass. Solar Plants To Be Auctioned
Hilco Industrial said in a statement Monday that it had been appointed by the US Bankruptcy Court to take bids on the Evergreen facilities in Devens, Mass., and Midland, Mich., including all related assets housed in the plants. The solar energy company
Updated: 10/11/2011 07:13A
Nigeria: New Wage - 16 States Risk Bankruptcy, Says Report
Abuja — The governors of the 36 states will today meet to consider a report that listed 16 states as "bankrupt", nine "unhealthy", six "critical" and five "distressed" as a result of the implementation of the minimum wage which commenced August 2011.
Updated: 10/11/2011 07:03A
Roberts Broadcasting TV Stations File For Bankruptcy
ROBERTS filed for bankruptcy for its television operation, including MY NETWORK TV affiliate WRBU-TV (MY46)/ST. LOUIS and CW affiliates WAZE-LP-WIKY-LP-WJPS-LP (CW19)/EVANSVILLE, IN; WZRB-TV (CW47)/COLUMBIA, SC; and WRBJ-TV (CW34)/MAGEE-JACKSON, MS.
Updated: 10/11/2011 07:03A
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