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Government debt

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"US may inflate its way out of debt, says Schroders expert"

Concerns are mounting over the United States’ $14.6 trillion debt mountain and how the world’s biggest economy will deal with it, according to Schroders’ senior fixed income portfolio manager David Harris. New York-based Mr Harris, who was in Bermuda...
Jun 10, 2011
Economy

"Ireland to seek concessions on $119b EU bailout terms"

DUBLIN (Reuters) - Ireland’s government is watching to see what concessions it can win on its EU-IMF bailout if Greece is given a new deal to resolve its worsening debt crisis, a senior government minister said yesterday. “The thing I am interested i...
May 09, 2011
Economy

"Osborne: Greece may need extra eurozone funds"

LONDON (Bloomberg) - UK Chancellor of the Exchequer George Osborne said European Union finance ministers may recommend additional euro-region funding for Greece. A Greek default is not inevitable, and there were no suggestions in private or public th...
May 09, 2011
Economy

"Portugal revises debt figure upwards again"

LISBON, Portugal (AP) Portugal has for a second time revised upward the debt-stressed country’s budget deficit last year, releasing official figures that said it was 9.1 percent of gross domestic product instead of the previously announced 8.6 percen...
Apr 26, 2011
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