ARTICLES RELATING TO DEBT CRISIS

THE WORRYING RISE OF DEBT CULTURE

2018-09-28 10:30

DO WE want debt to be part of our culture and the heritage we pass on to our children and our children’s children?

Mozambique's gas boom dream under threat

2017-05-07 15:24

The small, palm-fringed fishing town of Palma was meant to become a symbol of Mozambique's glittering future, transformed by one of the world's largest liquefied natural gas projects.

Greece: What lies in store?

2015-07-01 06:31

Julien Marcilly takes a look at what may transpire in the troubled country after the referendum which will seal its fate.

Greece's Varoufakis says 'no more loans'

2015-02-16 16:15

Greek Finance Minister Yanis Varoufakis says his government is not asking for a way out of repaying the country's debt, but wanted a few months of financial stability.

Greek PM, Putin discuss boosting co-operation

2015-02-05 19:15

Greek Prime Minister Alexis Tsipras has discussed boosting co-operation with Russia on a variety of fronts including energy and the economy with Russian President Vladimir Putin.

Greece on drive to sell new debt to Europe

2015-02-02 13:30

Greece's new government has proposed a new debt agreement to Europe, while it is rolling back on austerity measures imposed under its bailout agreement.

Time is all eurozone can offer Greece

2015-01-16 18:30

Syriza will have to honour all Greek debts and continue reforms if it takes power but the eurozone might agree to wait longer to be repaid, officials in Brussels say.

Argentina slams US judge

2014-08-14 09:30

Prospects for a private sector solution to Argentina's sovereign debt dispute has deteriorated, while the government dashed hopes it might agree to restart talks.

Argentine markets fall post-default

2014-08-01 09:07

Argentina's bond and stock markets and peso currency have dropped after Latin America's No 3 economy defaulted for the second time in 12 years.

Argentina in race to avoid default

2014-07-30 08:33

Argentina faces a race against time to avert its second default in 12 years and must cut a deal with investors suing it, or win time from a US court.

 

New study to reveal profile of over-indebted South Africans

2017-08-21 05:45

National Treasury will conduct a new study to identify the profile of over-indebted South Africans, in particular low-income earners as part of Parliament's new draft legislation to provide debt relief to those in need.

How long will South Africa survive? It depends on who you ask

2015-10-27 11:58

RW Johnson says with the current debt crisis the country has about five years to survive before the slippery slope sets in and we head to a possible International Monetary Fund bailout. Ferial Haffajee, editor in chief of City Press, counter-argued that South Africa did not show many of the characteristics of a failed state.

Nene told to think outside the box on tax

2015-02-25 04:40

People living with debt will remain a hindrance to improved consumer spending, impacting negatively on business revenues and the taxes levied, says a Fin24 user.

Germany rejects Greek claim for WWII reparations

2015-02-09 18:30

Germany says there is "zero" chance of it paying World War Two reparations to Athens, following a renewed demand from Greece's new leftist Prime Minister Alexis Tsipras.

Tsipras optimistic of bailout solution within EU rules

2015-02-04 16:15

Greek Prime Minister Alexis Tsipras has expressed optimism about finding a "mutually acceptable solution" with the European Union for his country's bailout woes.

Greece returns to crisis ahead of polls

2015-01-21 12:30

After four years of economic sacrifices, Greece has bet it may agree to an early end to its international bailout.

Puerto Rico debt crisis far from over

2014-08-15 11:15

Puerto Rico has managed to keep its electricity flowing, but creditors made it clear that the crisis enveloping the island's power utility is far from over.

Argentina economy will likely contract - UN

2014-08-05 10:00

Argentina's economy could contract due to fallout from a new sovereign debt crisis, says the United Nation's body for Latin American and the Caribbean.

Argentina defaults as talks break down

2014-07-31 11:11

An imminent default will hurt an economy already in recession, fuelling risks to consumer prices in a country with one of the world's highest inflation rates.

SA a debt timebomb, warns expert

2013-01-29 14:57

The practice of allowing consumers to commit the bulk of their income to debt repayment is reckless and immoral, a firm says.

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