Debt levels should fall after pre-crisis jump: BIS -Sun, 05 Sep 2010

Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.

'Political noise' puts debt reduction at risk: Fitch -Mon, 06 Sep 2010

Political uncertainty could hamper efforts to reduce the world's largest debt burden if it forces the government to delay fiscal consolidation, according to Andrew Colquhoun, head of Asia-Pacific sovereign debt at Fitch Ratings. "The key issue for the ratings is whether a government can be formed with the will and authority to draw up and implement a credible medium-term fiscal consolidation ...

Debt-payment cut to fatten solons? pork rejected -Mon, 06 Sep 2010

Congressmen could no longer cut the debt service allocation in the national budget to boost their pork barrel funds, Budget and Management Secretary Florencio Abad told the Senate on Monday.

Debt levels should fall: BIS -Sun, 05 Sep 2010

LONDON - DEBT levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said. Household and corporate debt soared in many countries prior to the recent global financial crisis, but a report published on Sunday by the Bank for International Settlements (BIS) showed that in almost all past crises the debt ...

Households To Reduce Debt Significantly, BIS Says -Mon, 06 Sep 2010

Financial crises tend to be followed by a protracted period of debt reduction in the non-financial private sector, according to a report from the Basel, Switzerland-based Bank for International Settlements.

BIS Study Suggests Households, Companies Set to Reduce Debt -Sun, 05 Sep 2010

Households and companies will continue to reduce debt built up before the financial crisis, according to a report by the Bank for International Settlements.

Pvt sector debt rose due to inadequate regulation:BIS -Mon, 06 Sep 2010

Inadequate regulation was one of the reasons for the sharp rise in private sector debt in many countries, prior to the global financial crisis

Households, Companies Will Continue Reducing Debt, BIS Economists Predict -Sun, 05 Sep 2010

Households and companies will continue to cut debt built up before the financial crisis, according to a report by the Bank for International Settlements.

Andhra Cement to cut debt -Mon, 06 Sep 2010

Calcutta, Sept. 6: Gouri Prasad Goenka?s Andhra Cement today approved a preferential allotment of shares to two financial institutions ? HDFC and IDFC ? to cut its debt burden.

Kilmarnock have club debt reduced by half -Sun, 05 Sep 2010

Kilmarnock Former Kilmarnock chairman Jamie Moffat has helped reduce the Ayrshire club?s debt by waiving half of the £1.8 million he is owed, reports STV Sport . The move was announced by current Killie chairman Michael Johnston, who has now called for fresh investment in the business. ?This £900k write down of the club's debt of £1.8m to former Chairman Jamie Moffat is yet another example of ...