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Friday, January 22, 2021
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UK debt reaches highs not seen since 1960

The UK’s national debt hit a record £2.06 trillion (€2.3 trillion) at the end of September, up £259.6 billion in six months, according to...

Cuba wants to pay back its £222m debt to Czech Republic with Rum

Cuba has reportedly offered an unusual way of repaying a debt from the Cold War-era – in trademark rum. Michal Zurovec, spokesman for the Czech...

IMF calls for ‘unconditional’ debt relief for Greece

The International Monetary Fund is calling on European creditor nations to commit to "upfront unconditional" debt relief for Greece as part of an international...

Ukraine ‘cannot pay off debt to Russia’

The Ukrainian government says it cannot pay off its $3bn debt to Russia without violating its debt-restructuring deal with other international creditors. Ukraine is supposed...

Greek bailout deal set to expire

Greece has slipped deeper into its financial abyss, with the bailout programme it has relied on for five years set to expire and the...

Greece ‘may request new two-year deal’

The Greek government is reportedly planning to request a new two-year bailout deal from the eurozone. It comes just hours ahead of a today's midnight...

Euro tumbles on back of Greece crisis

The euro has tumbled this morning against other currencies because of the Greek debt crisis. The euro is at an eight-year low against sterling, trading...

Greek parliament to debate proposal to hold referendum on bailout

The Greek parliament is to debate whether or not to approve the government's planned referendum on the creditors' latest proposal for a bailout. The parliament...

France: Greece has no time left

French president Francois Hollande has urged Greece and its international creditors to speed up talks on new loans for the country, as a default...

Greek PM in Brussels for final bailout deal attempt

Greek PM Alexis Tsipras has flown to Brussels in hopes of clinching a bailout deal that might keep his country from defaulting on its...

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