Worse yet to come in Greece's debt repayment calendar

Worse yet to come in Greece's debt repayment calendar
In July the screw turns even further on Greece's finances with three debt repayments totaling nearly seven billion euros, which today looks like an unscaleable mountain. A default on these payments would be far more serious. Capital controls have been …
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The truth about Greek debt and German generosity
Also, don't take me too literally when it comes to the Germans' treatment of Greek debt. The Germans, to my knowledge, haven't swapped any short, medium, or long-term Greek debt for interest-only bonds. Nor has the repayment on any of their bonds been …
Read more on PBS NewsHour (blog)

ArtsBeat | Delaware Art Museum Completes Sale of Artworks to Repay Debt
The museum, which has strong holdings in 19th-century American and Pre-Raphaelite paintings, said last year that it expected to raise $ 30 million in all, enough to repay the balance of the bond debt, which was incurred as part a 2005 expansion and …
Read more on New York Times (blog)

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