Times LIVE

Greek debt crisis talks continue
The Press Association
Crisis talks on a debt deal for Greece are to continue after a five-hour meeting between the prime minister and coalition government party leaders failed to reach agreement. Greece is racing to finalise austerity reforms needed for a new 130 billion ...
Greece 'shirking' on debtTimes LIVE
Greece falters in debt talks with creditorsTelegraph.co.uk
Another debt restructuring neededKathimerini
ABC News -Herald Sun
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New York Times

Glencore Debt Shows Merger Will Reduce Rates: Corporate Finance
BusinessWeek
6 (Bloomberg) -- Glencore International Plc debt investors are betting that an $88 billion merger with miner Xstrata Plc would lead to lower borrowing costs. Glencore credit-default swaps have fallen more than any other European contracts this past ...
Monday Papers: Glencore pays more to win XstrataCitywire.co.uk

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Scotsman

UK families 'still £7900 in debt'
The Press Association
UK families are typically £7900 in debt from personal loans, overdrafts and credit cards, despite three years of paying them down, a report has found. Meanwhile credit card use could fall into permanent decline, with the rise of digital technology and ...
Average British households in £7900 of debt as wages dropMetro
One in four young adults relies on credit cards for essentialsScotsman
PricewaterhouseCoopers | Precious Plastic 2012: Three successive years of ...Linex Legal (press release) (registration)

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EU May Consider Relaxing Capital Rules on Banks for Sovereign Debt Buffer
Bloomberg
European bank supervisors may discuss easing rules for lenders to hold capital against sovereign debt this week amid more than 30 meetings this month that will track banks' progress complying with new updated requirements, two people with knowledge of ...

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Debt Splits the Left
New York Times (blog)
By THOMAS B. EDSALL Does the national debt – which has now reached a cumulative total of $15.4 trillion — pose a serious threat to the financial viability of the United States? This is not only a debate between the left and the right; ...

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New York Times

China set to help Europe get through debt crisis
Irish Times
CHINESE PREMIER Wen Jiabao said it was in his country's interests to help the euro zone get through the debt crisis, in remarks aimed at easing scepticism in the world's second largest economy about propping up Europe. ''Now Europe is facing a debt ...
China snubs debt in European spending spreeSydney Morning Herald
Solving European debt crisis 'urgent' : Wen JiabaoMacau Daily Times
China and Merkel do diplomatic Euro debt dancemsnbc.com
New York Times -Wall Street Journal
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Asian Currencies Weaken on Greek Debt Risk, Importers Buying Dollars
Bloomberg
Asian currencies snapped a four-day advance on concern recent gains underestimated the risks to global growth from Europe's still unresolved debt crisis. The Thai baht, South Korean won and Taiwan dollar led losses on speculation importers are buying ...

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Bloomberg

Crude Declines on Greek Debt Concern; Brent Premium to West Texas Widens
Bloomberg
Play Video Oil fell from a three-day high on concern Greece's steps to avert a financial collapse may fall short, threatening Europe's economy and demand for fuel. Futures dropped as much as 0.8 percent before a deadline for Greece to accept terms ...
Market Sentiment Weighed Down by Renewd Concerns over GreeceFXstreet.com
Oil prices mixed in Asian tradeChannel News Asia

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Dubai will meet debt maturities in 2012, says report
Emirates 24/7
Dubai will overcome its debt maturities in 2012 with the help of internal cash flow, asset sale and market refinancing, said a report. Lebanese Bank Audi analysts said in a report that Dubai is indeed likely to be able to manage the rollover of its ...

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Business Recorder

Euro down amid jitters over Greek debt talks
Economic Times
TOKYO: The euro fell against other currencies in Asia on Monday with investors jittery over dragging talks on the Greek sovereign debt crisis. The euro bought $1.3090 and 100.48 yen in Tokyo afternoon trade, down from $1.3156 and 100.80 yen in New York ...
Asia Stocks Climb on US Jobs Data; Euro Drops on Debt ConcernBusinessWeek
Asia Stocks Climb on U.S. Jobs Data; Euro Drops on Debt ConcernSan Francisco Chronicle
FOREX-Euro softens as Greek deadline loomsReuters UK

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