Debt crisis and Greek debt talks: as it happened February 6, 2012

Lucas Papademos requests document on "consequences" of a Greek default as France and Germany insist there will be no €130bn bailout unless the country agrees harsh new austerity terms.

Greece debt level spikes, but Italy's dips

Debt levels in bailed-out countries Greece, Portugal and Ireland continued to rise in the third quarter of last year, but they fell for Italy and the 17-nation eurozone as a whole, official statistics showed Monday.

Euro debt crisis weighs on insurers' 2011

LONDON (Reuters) - Near-record catastrophe claims, the euro zone debt crisis and low interest rates are likely to result in mostly weaker 2011 profits for European insurers. Insurers, major investors in government bonds, took hefty writedowns on their portfolios during 2011 to reflect sharp falls in the price of some eurozone sovereign debt amid mounting worries over the issuing countries ...

Data Show Greece’s Debt Ratio Growing as Economy Shrinks

Eurostat put Greece's debt at 159.1 percent of gross domestic product in the third quarter of 2011, as austerity measures crimp economic growth.

Debt crisis: as it happened, February 3, 2012

The FTSE 100 has closed at a seven-month high after US data showing more US people are in work boosted global markets, while Greece announces it is to auction €625m of Treasury bills next week.

Debt level spikes in Greece, but drops in Italy and overall eurozone in third quarter

BRUSSELS - Debt levels in bailed-out countries Greece, Portugal and Ireland continued to rise in the third quarter of last year, but they fell for Italy and the 17-nation eurozone as a whole, official statistics showed Monday.

Europe's debt rose to 82 percent of output at end-Q3

BRUSSELS (Reuters) - The European Union's total government debt rose slightly to 82.2 percent of economic output in the third quarter of 2011, the EU's statistics agency said on Monday, lower than the United States but still a burden that could take decades to pay down. For the euro zone, government debt fell slightly to 87.4 percent of gross domestic product, compared with the 87.7 percent ...

Glencore Debt Shows Merger Will Reduce Rates: Corporate Finance

Glencore International Plc debt investors are betting that an $88 billion merger with miner Xstrata Plc would lead to lower borrowing costs.

Greece forces overtime in critical debt talks

Greece on Sunday insisted on extending critical talks on a debt rescue into Monday, as the government's coalition backers denounced pressure from public creditors to pass harsher austerity measures.

Can wages be garnished for old debt?

Editor's note: This column is a continuation of the column that ran Feb. 2, "Young mother with old debt fears collectors." Dear Debt Adviser,Your article, "Old debts won't hurt new loan," ...