Government Loans Links

Greece reshuffles government

Greece's Socialist government retained its finance minister in a cabinet reshuffle announced early on Tuesday.

Outstanding Local China Government Loans May Top $1.62 Trillion, News Says

Chinese local government financing vehicles may have outstanding loans of as much as 10 trillion yuan this year and exceeding 11 trillion yuan in 2011, the China Business News reported, citing Liu Yuhui, an economist with the Institute of Finance and Banking at the Chinese Academy of Social Sciences.

Greece reshuffles its government

GREECE'S Socialist government has retained its finance minister in a Cabinet reshuffle but changed other key officials.

Payday loans serve those banks reject

Over the years I’ve seen many articles critical of the short-term financial product commonly known as a “payday loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall into greater debt. I don’t challenge the fact that more of these loans go into default; it speaks to a larger problem: Where do people with credit issues get ...

Afghanistan blocks asset sale of crisis-hit bank CEOs

Afghanistan's government said Monday it has frozen assets held by some of Kabul Bank's owners as the crisis-hit institution faced huge withdrawals by depositors nationwide.